The ANZ Business Outlook Index in New Zealand fell to -3.8 in July 2021 from -0.6 in June, amid intense inflation pressures, freight disruptions, and persistent COVID-19 risks. Cost expectations rose further (88.2 vs 86.2 in June) while inflation expectations hit their highest since early 2012 (2.7 vs 2.41). At the same time, the own activity outlook eased but remained at a robust level (26.3 vs 31.6), amid moderation in export intentions (7.6 vs 13.4), investment intentions (17.4 vs 25.5), and capacity utilization (19.2 vs 23.9). Meantime, both profit expectations (0.0 vs 5.8) and ease of credit expectations (-51.0 vs -40.2) deteriorated. Still, employment expectations were slightly higher (21.4 vs 19.7). source: ANZ Bank New Zealand
Business Confidence in New Zealand averaged 3.06 percent from 1970 until 2021, reaching an all time high of 80.90 percent in February of 1994 and a record low of -76.40 percent 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 July of 2021.
Business Confidence in New Zealand is expected to be 2.00 percent 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 7.00 percent in 2022, according to our econometric models.