New Zealand Institute of Economic Research Business Confidence
Currency: New Zealand Dollar
Country: New Zealand
Previous value: -6%
Market reaction - market price changing right after the data has been published. Follow past market changes by choosing tiker and event date.
Business confidence by NZIER measures the current business confidence in New Zealand. This helps to analyze the economic situation in the short term. The uptrend of this indicator is a sign of business investment growth, which may lead to a higher output level. Usually, a high level of confidence is seen as positive (or bullish) for the exchange rate, while a low level is seen as negative (or bearish).
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