Capacity Utilization in New Zealand increased to 92.80 percent in the second quarter of 2020 from 92.10 percent in the first quarter of 2020.
Capacity Utilization in New Zealand averaged 91.22 percent from 2008 until 2020, reaching an all time high of 93.70 percent in the second quarter of 2019 and a record low of 86.33 percent in the first quarter of 2009. This page provides the latest reported value for - New Zealand Capacity Utilization - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Capacity Utilization - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: New Zealand Institute of Economic Research
Capacity Utilization in New Zealand is expected to be 88.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in New Zealand to stand at 92.50 in 12 months time. In the long-term, the New Zealand Capacity Utilization is projected to trend around 93.00 percent in 2021, according to our econometric models.