New Zealand Business Confidence - Forecast

Business Confidence in New Zealand is expected to be -20.49 Index Points 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 -20.52 in 12 months time. In the long-term, the New Zealand Business Confidence is projected to trend around -20.53 Index Points in 2020, according to our econometric models.


New Zealand Business Confidence
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New Zealand Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Business Confidence -20 -20.49 -20.72 -20.47 -20.52 -20.53
Manufacturing PMI 52.25 58.08 55.24 56.6 56.57 56.31
Industrial Production 1.4 0.55 0.36 0.43 0.4 0.41
Capacity Utilization 93.5 92.55 91.34 92.37 91.49 91.96
Changes in Inventories 388 222 192 176 178 183
Car Registrations 5064 5382 5389 5401 5406 5409
Internet Speed 14709 19425 20324 21208 22079 30799
IP Addresses 1778178 1840007 1841556 1840501 1837462 1760770
Services Pmi 58.8 56.22 56.07 56.18 56.13 56.23
Steel Production 51.71 56.8 55.81 55.77 55.66 55.67
Competitiveness Index 5.37 5.34 5.34 5.34 5.34 5.34
Competitiveness Rank 13 13 13 13 13 13
Composite Pmi 54 57.56 57.72 57.27 56.86 56.95
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