New Zealand August business confidence 49.7% vs. prior 47.8% | investingLive

ANZ Business Survey August 2025

• business confidence improves to 49.7 in August, from 4738 in July
• own business activity outlook is not so hot, coming at 38.7% from 40.6% in July

From the report, in brief:

confidence up as firms expect better business conditions ahead as inflation indicators ease

49.7% expect the economy to improve over the year ahead, versus a 47.8% optimism level in July

38.7% expect their own businesses to grow, versus 40.6%

ANZ comment:

• “It’s too early to judge the confidence impacts of this month’s shift in stance, but our view is that it will shore up the recovery that is now underway”