New Zealand Business Confidence - Forecast

Business Confidence in New Zealand is expected to be -56.00 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 -43.00 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.


Forecast Data Chart
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New Zealand Business Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Business Confidence -38.3 -56 -50 -46 -43 15
Manufacturing PMI 51.67 52.3 53.1 52.6 53 54
Industrial Production 2.1 2.8 3 3.6 1.81 3.4
Capacity Utilization 93.2 92.47 92.58 92.52 92.62 92.73
Changes in Inventories 136 450 600 80 -400 380
Car Registrations 5488 5906 5555 5554 5552 5551
Internet Speed 14709 21208 22079 22937 23780 30799
IP Addresses 1778178 1899649 1894925 1902392 1903245 1908450
Services Pmi 53.9 57.54 53.4 53.29 53.22 53.12
Steel Production 53.69 56.14 56.01 55.86 55.76 55.71
Competitiveness Index 77.51 5.37 5.37 5.37 5.37 5.37
Competitiveness Rank 18 13 13 13 13 13
Composite Pmi 53.1 53.4 54.1 53.7 53 53.8
Ease of Doing Business 1 1 1 1 1 1
Corruption Index 89 89 89 89 89 89
Corruption Rank 1 1 1 1 1 1