New Zealand's business confidence slips in March
[WELLINGTON] New Zealand's business sentiment fell in March as the economy struggled from the lack of tourists and the unsustainable bounce in retail spending started to dissipate, an ANZ Bank survey showed on Wednesday.
The survey's headline measure showed a net 4.1 per cent of respondents expected the economy to deteriorate over the year ahead, versus a 7.0 per cent optimism level in the previous poll in February.
A net 16.6 per cent of respondents expected their own businesses to grow in the next 12 months, versus 21.3 per cent last month.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Hong Kong March retail sales down 7%, snapping 15 months of growth
UK public sector productivity goes from bad to worse, ONS data shows
Indonesia central bank says SRBI auction will be held twice a week to attract more inflow
World food prices up in April for second month, says UN agency
Heatwave swells Asia's appetite for air-conditioning
Labour wins UK by-election as Tory PM Sunak stares at more losses