New Zealand business confidence

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New Zealand business confidence: 6.1 (-45.54%)
Last Update: June 30, 2024

New Zealand business confidence closed down 6.1 as of June 30, 2024 from 11.2 from the previous month and -18 from last year.


New Zealand business confidence Analytics & Data




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New Zealand business confidence

DateValues
2024-06-30 6.1
2024-05-31 11.2
2024-04-30 14.9
2024-03-31 22.9
2024-02-29 34.7
2024-01-31 36.6
2023-12-31 33.2
2023-11-30 30.8
2023-10-31 23.4
2023-09-30 1.5
2023-08-31 -3.7
2023-07-31 -13.1
2023-06-30 -18
2023-05-31 -31.1
2023-04-30 -43.8
2023-03-31 -43.4
2023-02-28 -43.3
2023-01-31 -52
2022-12-31 -70.2
2022-11-30 -57.1
2022-10-31 -42.7
2022-09-30 -36.7
2022-08-31 -47.8
2022-07-31 -56.7

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New Zealand business confidence Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
business confidencenz.bizconfidence6.111.2-46-134DownUP262024-06-30

New Zealand business confidence Factors

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New Zealand business confidence Historical Data

The MacroVar database offers free access to historical data for the New Zealand business confidence, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of New Zealand business confidence data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the New Zealand business confidence

Business confidence in New Zealand refers to the overall sentiment and outlook that companies have regarding the economic environment and their own prospects for growth and success. High levels of business confidence typically indicate that companies are optimistic about the future and are more likely to invest, hire, and expand their operations. Conversely, low levels of business confidence can lead to caution, reduced spending, and potentially slower economic growth. Various factors can influence business confidence, such as changes in government policy, global economic conditions, and market volatility. Monitoring business confidence is important for policymakers and investors as it can provide insights into the health and direction of the economy.

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