New Zealand Business Confidence  Forecast


Business Confidence in New Zealand is expected to be -3.17 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 0.77 in 12 months time. In the long-term, the New Zealand Business Confidence is projected to trend around 3.61 in 2020, according to our econometric models.


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New Zealand Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 0 -3.17 -1.16 -0.1 0.77 3.61
Manufacturing PMI 57.5 56.24 55.36 54.79 54.4 53.65
Industrial Production 0.4 0.67 0.76 0.84 0.9 1.12
Capacity Utilization 91.3 90.9 90.75 90.73 90.77 90.96
Changes in Inventories -228 116 115 198 187 171
Car Registrations 5604 5541 5389 5267 5150 4280
Competitiveness Index 5.37 5.34 5.34 5.34 5.34 5.34
Competitiveness Rank 13 13 13 13 13 16
Composite Pmi 56.8 56.36 56.04 55.78 55.55 54.7
Ease of Doing Business 1 1 1 1 1 2
Corruption Index 90 90 90 90 90 91
Corruption Rank 1 1 1 2 2 2
Steel Production 57.86 63.2 64.91 65.84 66.33 66.89
Services Pmi 56 56.01 56 55.95 55.89 55.54