New Zealand Business Confidence

Last Release

Mar 31, 2025

Actual

57.5

Units In

58.4

Frequency

Monthly

Next Release

Apr 30, 2025

Time to Release

28 Days 0 Hours

Highest	Lowest	Average	Date Range	Source
80.9 Feb 1994	-76.4 Dec 1974	2.43 %	1970-2025	ANZ Bank New Zealand

In New Zealand, the business confidence index is designed to provide a snapshot of business opinions regarding the expected future state of their business and economy overall. The survey covers around 700 respondents. The Net index is calculated by subtracting the percentage number of businesses that expect that the economic situation improves from the number that expect decline.

Latest Updates

New Zealand's ANZ Business Outlook Index edged down to 57.5 in March 2025 from 58.4 in the previous month as domestic economic uncertainties persisted. Forward own activity stayed solid with an increase (48.6 vs 45.1 in February), while past own activity weakened (0.8 vs 2.9). Export intentions weakened (17.3 vs 17.9) together with investment intentions (17.3 vs 18.1), and employment determinations (15.6 vs 17). Meantime, profit expectations eased (29.4 vs 22.3), pricing intentions (51.3 vs 46.2), cost expectations (74.1 vs 71.3), and wage pressure (80.0 vs 79.2). On the cost side, inflation expectations rose (2.63% vs 2.53%). Meantime, credit availability increased sharply (23.7 vs 15.7). Residential construction accelerated after a plunge from the previous month (47.2 vs 25.8).