NZIER Business Confidence (QoQ)

The NZIER Business Confidence released by the New Zealand Institute of Economic Research shows the business outlook in New Zealand. The Business Confidence allows analysis of economic situation in the short term. Increasing numbers indicates increases in business investment that lead to higher levels of output. Thus, a high reading is seen as positive (or bullish), while a low reading is seen as negative (or bearish).

Most recent - Monday 8 April 2024 22:00

Previous
-2%
Actual
-25%

Next event - Monday 1 July 2024 22:00

Previous
-25%
Actual
-

The typical/expected impact on NZD pairs is medium.

Trading range

Announcement history

The most recent announced value for NZIER Business Confidence (QoQ) was -25%.

Past events

Date
Actual
Monday 8 April 2024 22:00
-25%
Monday 15 January 2024 21:00
-2%
Monday 2 October 2023 21:00
-52%
Monday 3 July 2023 22:00
-63%
Monday 3 April 2023 22:00
-66%
Monday 16 January 2023 21:00
-70%
Monday 3 October 2022 21:00
-42%
Monday 4 July 2022 22:00
-65%
Monday 11 April 2022 22:00
-40%
Monday 17 January 2022 21:00
-28%
Monday 4 October 2021 21:00
-11%
Monday 5 July 2021 22:00
7%

Economic context

Recent economic data has been moderately bearish for NZD. Other recent announcements which may affect the market's interpretation of the next NZIER Business Confidence (QoQ) result:

PreviousLatest
Consumer Price Index (QoQ)Bullish change0.5%0.6%
Consumer Price Index (YoY)Bearish change4.7%4%
Business NZ PSIBearish change52.647.5
Business NZ PMIBearish change49.147.1
RBNZ Interest Rate Decision(no change)5.5%5.5%

About NZIER Business Confidence (QoQ)

Country:New Zealand
Currency:NZD
Source:New Zealand Institute of Economic Research
Category:Economic Activity
Frequency:Quarterly

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