Market news
29.02.2016, 14:43

The ANZ business confidence index for New Zealand slides to7.1% in January

ANZ Bank released its latest business sentiment survey for New Zealand on Monday. The ANZ business confidence index for New Zealand slid to7.1% in January from 23.0% in December. The index means that 7.1% of respondents expected the country's economy to improve over the coming year.

"The New Zealand economy is not immune from global pressures. We are a small, commodity dependent, debtor nation," the ANZ Chief Economist Cameron Bagrie said.

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