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In February 2025, New Zealand business confidence rose to 58.4, reflecting optimism with slight indicator movements. The confidence is high, close to decade-high levels. The survey reflects expectations of trading activity, inflation, and pricing intentions.
Business confidence is an economic gauge, which affects the NZD based on investor sentiment. Increased confidence generally strengthens the NZD, while decreased confidence makes it weaker.
Recent statistics exhibit volatility, with confidence decreasing in January before the February increase. In general, the higher confidence indicates a good outlook for New Zealand's economic recovery and possible short-term NZD gain.
