For the flash data for Sep:

Business Confidence, final September, improves to a still net negative -7.2

  • prior -14

Activity Outlook, final September, down a touch to 18.2

  • prior 19

NZ's biggest city was in lockdown during the month while the rest of the country was partially so.

The key points ANZ note in the report:

  • Forward-looking activity indicators remain remarkably robust, including in Auckland.
  • Inflation pressures remain intense.
nz business indicators