New Zealand’s ANZ Business Outlook Index surged to 56.1 in July 2026 from 36.6 in the previous month, marking the strongest reading since February. Firms’ own activity outlook strengthened markedly (49.3 vs 36.9 in June), while assessments of past activity edged higher (9.7 vs 9.0), supported by easing oil prices as tensions in the Middle East continued to subside. Forward-looking indicators rose, with stronger export intentions (26.6 vs 18.1), profit expectations (28.7 vs 13.0), investment intentions (22.8 vs 16.5), and employment intentions (18.1 vs 9.4). At the same time, pricing intentions (47.2 vs 50.7), cost expectations (78.2 vs 84.7), and inflation expectations (3.14% vs 3.36%) all moderated, while wage growth expectations were broadly steady (2.52% vs 2.53%). Further, credit availability turned positive (1.4 vs -1.9). Sectoral sentiment strengthened notably in construction, with confidence rising in both residential (42.5 vs 25.0) and commercial construction (48.9 vs 28.9). source: ANZ Bank New Zealand

Business Confidence in New Zealand increased to 56.10 points in July from 36.60 points in June of 2026. Business Confidence in New Zealand averaged 3.81 points from 1970 until 2026, reaching an all time high of 80.90 points in February of 1994 and a record low of -76.40 points in December of 1974. This page provides - New Zealand Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

Business Confidence in New Zealand increased to 56.10 points in July from 36.60 points in June of 2026. Business Confidence in New Zealand is expected to be 40.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Business Confidence is projected to trend around 30.00 points in 2027 and 40.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-30 01:00 AM
ANZ Business Confidence
Jun 36.6 10.0 11
2026-07-30 01:00 AM
ANZ Business Confidence
Jul 56.1 36.6 36
2026-08-31 01:00 AM
ANZ Business Confidence
Aug 56.1 50


Related Last Previous Unit Reference
Bankruptcies 77.00 80.00 Individuals May 2026
ANZ Business Confidence 56.10 36.60 points Jul 2026
NZIER Capacity Utilization 90.80 91.20 percent Jun 2026
Car Registrations 3986.00 3500.00 Units Jun 2026
Changes in Inventories 232.00 205.00 NZD Million Mar 2026
Corruption Index 81.00 83.00 Points Dec 2025
Corruption Rank 4.00 4.00 Dec 2025
Industrial Production 0.40 0.90 percent Mar 2026
Manufacturing Sales YoY 2.80 -0.70 percent Mar 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
56.10 36.60 80.90 -76.40 1970 - 2026 points Monthly

News Stream
New Zealand Business Sentiment Jumps to 5-Month High
New Zealand’s ANZ Business Outlook Index surged to 56.1 in July 2026 from 36.6 in the previous month, marking the strongest reading since February. Firms’ own activity outlook strengthened markedly (49.3 vs 36.9 in June), while assessments of past activity edged higher (9.7 vs 9.0), supported by easing oil prices as tensions in the Middle East continued to subside. Forward-looking indicators rose, with stronger export intentions (26.6 vs 18.1), profit expectations (28.7 vs 13.0), investment intentions (22.8 vs 16.5), and employment intentions (18.1 vs 9.4). At the same time, pricing intentions (47.2 vs 50.7), cost expectations (78.2 vs 84.7), and inflation expectations (3.14% vs 3.36%) all moderated, while wage growth expectations were broadly steady (2.52% vs 2.53%). Further, credit availability turned positive (1.4 vs -1.9). Sectoral sentiment strengthened notably in construction, with confidence rising in both residential (42.5 vs 25.0) and commercial construction (48.9 vs 28.9).
2026-07-30
New Zealand Business Sentiment Jumps to 4-Month High
New Zealand’s ANZ Business Outlook Index surged to 36.6 in June 2026 from 10.0 in the previous month, marking the highest reading since February. Firms’ own activity outlook strengthened sharply (36.9 vs 25.6 in May), though past activity eased (9.0 vs 14.8) amid oil price shocks tied to Middle East tensions. Forward-looking indicators were broadly stronger, with higher readings for export intentions (18.1 vs 11.5), profit expectations (13.0 vs 2.0), investment intentions (16.5 vs 5.8), and employment intentions (9.4 vs 3.4). Pricing intentions (50.7 vs 56.7), cost expectations (84.7 vs 90.4), and inflation expectations (3.36% vs 3.63%) all increased, although wage growth expectations edged up (2.53% vs 2.48%). Meanwhile, cost expectations eased (84.7 vs 90.4), and credit availability improved markedly (-1.9 vs -17.5). Sentiment was better across the construction sector, with a climb in both residential construction (25.0 vs 11.8) and commercial construction (28.9 vs 13.5).
2026-06-30
New Zealand Business Confidence Improves
New Zealand’s ANZ Business Outlook Index climbed to 10.0 in May from -10.0 in the previous month, marking a notable rebound in business sentiment, though still subdued compared with levels seen before the Middle East conflict. Firms’ own activity outlook strengthened (25.6 vs 19.6 in April), while past activity eased slightly (14.8 vs 16.9). Several forward indicators recovered, including export intentions (11.5 vs 1.1), profit expectations (2.0 vs -13.3), investment intentions (5.8 vs 3.3), and employment intentions (3.4 vs -2.7). Meanwhile, wage growth expectations were steady (2.48% vs 2.41%). Pricing intentions (56.7 vs 57.7) and cost pressures (90.4 vs 90.4) were little changed. Credit availability rose modestly (-17.5 vs -21.5), while inflation expectations moderated slightly (3.63% vs 3.81%). Sector sentiment was mixed, with residential construction flat (at 11.8) but commercial construction weakening sharply (13.5 vs 27.0).
2026-05-29