The ANZ Business Confidence Index in New Zealand came in at -37.1 in November 2018, unchanged from the previous month. Inflation expectations were little-changed (2.29 vs 2.22 in October), while activity outlook (7.6 vs 7.4) and ease of credit (-31.1 vs -31.4) improved a bit. At the same time, profit expectations increased (-13.5 vs -15.3), while export intentions (8.3 vs 14.2) and capacity utilization (9.5 vs 13.5) softened markedly, and investment intentions (-4.1 vs -3.3) weakened. Among sector, residential construction intentions picked up (29.2 vs 4.5), and commercial construction rebounded sharply (16.7 vs -23.8). Meantime, the retail sector remained the least positive though continued to bounce back. Business Confidence in New Zealand averaged 5.38 percent from 1970 until 2018, reaching an all time high of 80.90 percent in February of 1994 and a record low of -76.40 percent in December of 1974.

Business Confidence in New Zealand is expected to be -36.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in New Zealand to stand at -32.00 in 12 months time. In the long-term, the New Zealand Business Confidence is projected to trend around 15.00 percent in 2020, according to our econometric models.

New Zealand Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 01:00 AM ANZ Business Confidence -50.3 -44.9 -38.1
2018-09-26 01:00 AM ANZ Business Confidence -38.3 -50.3 -57
2018-10-31 12:00 AM ANZ Business Confidence -37.1 -38.3 -40
2018-11-29 07:30 PM ANZ Business Confidence -37.1 -37.1 -36
2018-12-18 12:00 AM ANZ Business Confidence -37.1 -36
2019-01-23 12:00 AM ANZ Business Confidence
2019-02-28 12:00 AM ANZ Business Confidence


New Zealand Business Last Previous Highest Lowest Unit
Business Confidence -37.10 -37.10 80.90 -76.40 percent [+]
Manufacturing PMI 53.50 53.70 62.80 36.10 [+]
Industrial Production -0.30 1.70 17.60 -10.50 percent [+]
Capacity Utilization 93.20 93.50 93.60 86.33 percent [+]
Changes in Inventories 136.00 584.00 769.00 -906.00 NZD Million [+]
Car Registrations 5871.00 5969.00 6933.00 810.00 [+]
Internet Speed 14708.73 12865.57 14708.73 1998.81 KBps [+]
IP Addresses 1778178.00 1690601.00 2110050.00 831298.00 IP [+]
Services Pmi 53.50 55.40 60.90 44.70 [+]
Steel Production 50.07 47.56 89.00 30.94 Thousand Tonnes [+]
Competitiveness Index 77.51 78.09 78.09 4.91 Points [+]
Competitiveness Rank 18.00 16.00 25.00 16.00 [+]
Composite Pmi 53.50 53.70 59.50 40.00 [+]
Ease of Doing Business 1.00 1.00 3.00 1.00 [+]
Corruption Index 89.00 90.00 96.00 88.00 Points [+]
Corruption Rank 1.00 1.00 4.00 1.00 [+]


New Zealand Business Confidence

In New Zealand, the business confidence index is designed to provide a snapshot of business opinions regarding the expected future state of their business and economy overall. The survey covers around 700 respondents. The Net index is calculated by subtracting the percentage number of businesses that expect that the economic situation improves from the number that expect decline. This page provides - New Zealand Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Business Confidence - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-37.10 -37.10 80.90 -76.40 1970 - 2018 percent Monthly




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.20 Nov/18
Canada 57.20 Nov/18
China 50.00 Nov/18
Euro Area 1.09 Nov/18
France 105.00 Nov/18
Germany 102.00 Nov/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.40 Nov/18
Japan 19.00 Dec/18
Mexico 49.90 Nov/18
Netherlands 7.20 Nov/18
Russia -6.00 Nov/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 73.00 Nov/18
Spain -0.20 Nov/18
Switzerland 99.10 Nov/18
Turkey 92.80 Nov/18
United Kingdom -16.00 Dec/18
United States 59.30 Nov/18


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