New Zealand's NBNZ Own Activity indicator saw a significant increase, reaching 29.5% in February 2024, up from the previous level of 25.6% in January 2024. This positive change reflects growing economic activity within the country. The data, updated on 29 February 2024, highlights the ongoing trends in New Zealand's economic landscape.
The NBNZ Own Activity indicator is a key metric that provides insights into the country's economic performance, particularly in the business sector. The rise in this indicator suggests improved confidence and activity among businesses in New Zealand. As the economy continues to evolve, monitoring such indicators becomes crucial for investors and policymakers to make informed decisions.
