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New Zealand July business confidence 47.8% (prior 46.3%)

ANZ New Zealand business survey

Business confidence 47.8%

  • prior 46.3%

Business activity 40.6%

  • prior 40.9%

ANZ comments:

  • “It continues to be tough going for many firms. Most forward-looking activity indicators saw little movement this month.”
  • “The past activity measures show a very wide range of experiences across different sectors, with agriculture storming ahead but construction and retail reporting a significant renewed slump.”

This article was written by Eamonn Sheridan at investinglive.com.

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