New Zealand business confidence falls in March
[WELLINGTON] New Zealand business sentiment fell in March led by concerns about the agriculture industry, an ANZ Bank survey showed on Thursday.
The survey's headline measure showed a net 3.2 per cent of respondents expected the economy to improve over the year ahead. It compared with a 7.1 per cent optimism level in the previous poll.
A net 29.4 per cent of respondents expected their own businesses to grow in the next 12 months, from 25.5 per cent last month.
Inflation expectations decreased to 1.38 per cent compared with 1.39 per cent in the previous survey.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations