New Zealand’s ANZ Business Confidence index edged lower in February 2026, signaling a modest cooling in sentiment after a robust start to the year. The indicator slipped to 59.2 in February from 64.1 in January 2026.
Despite the decline, the February reading still reflects broadly positive business sentiment across the country, with confidence remaining at relatively elevated levels. The movement suggests that while firms remain optimistic about the economic outlook, some caution may be emerging following January’s stronger result.
The latest update, released on 26 February 2026, will be closely watched by market participants and policymakers as they assess whether February’s easing marks the beginning of a trend or a temporary adjustment after January’s peak in confidence.
