FX.co ★ New Zealand Business Activity Slows: NBNZ Indicator Shows Decline in August

The National Bank of New Zealand (NBNZ) has revealed a slight decline in its Own Activity Indicator for August 2025, reflecting a gradual slowdown in business activity across the nation. The indicator, which provides a snapshot of sentiment within the business community, recorded a decrease from 40.6% in July to 38.7% in August.

This latest figure underscores the challenges facing New Zealand businesses amid an evolving economic landscape. The drop in the NBNZ Own Activity reflects cautious optimism turning into tempered expectations among the country's business sectors. The 1.9% dip over the month indicates potential adjustments being made by enterprises in anticipation of changing market conditions.

It is crucial for stakeholders to monitor these developments closely, as the updated data for August — released on August 28, 2025 — suggests businesses may be grappling with uncertainties that could affect future investments and operations. Moving forward, strategic adaptations will be key for businesses aiming to navigate this period of moderated growth effectively.