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New Zealand Business Confidence Gains Most in 16 Years |
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Australian Economy |
Written by CEP News |
Apr 29 09 03:15 GMT |
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(CEP News) - Business confidence in New Zealand improved dramatically in April, with 15% of respondents forecasting deterioration in business conditions versus the 39.3% in March.
It was the largest one-month gain in 16 years, according the ANZ National Bank survey. The outlook for activity improved to -3.8% from March's reading of low of -8.9%. Two key components saw improvement; the outlook for activity improved to -3.8% from March's reading of -8.9% and the sales and profits category improved to +3.8% from -21.2%. By Adam Button,
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