Live Comments New Zealand ANZ business confidence dropped to -42.2, post-lockdown rebound run its...

    New Zealand ANZ business confidence dropped to -42.2, post-lockdown rebound run its course

    August’ preliminary reading of New Zealand ANZ Business Confidence dropped back to -42.4, down form -31.8. It’s still above lockdown low of -55, though. Own Activity Outlook also dropped to -17.0, down from -8.9.

    ANZ said the reading “adds to the evidence that the post-lockdown rebound may have run its course.” “There are three prongs to this economic crisis: lockdown, closed borders, and an incredibly synchronised global slowdown that will hit exports.”

    Full release here.

    NO COMMENTS

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Exit mobile version