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- New Zealand headline business confidence and firms’ views of their own activity continued to fall in July - ANZ
New Zealand headline business confidence and firms’ views of their own activity continued to fall in July - ANZ
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Headline business confidence and firms' views of their own activity continued to fall in July, reaching their lowest levels since May 2008 and May 2009 respectively.
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Activity sub-indicators were weak across the board; retail is the least confident sector.
The ANZ Business Outlook Survey for July paints an unhappy picture. Headline business confidence dropped to a net 45% of respondents reporting they expect general business conditions to deteriorate in the year ahead, down 5 points.
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