New Zealand data for:
ANZ Business confidence for December, 30.4
- prior was 31.5
ANZ Activity Outlook for December, 37.3
- prior was 41.7
Inflation expectations nearly unchanged at 2.13%
—
ANZ comments on the data:
- Says the economy “has been in a sweet spot for some time now”
- Growth is solid
- Inflation has remained tame
- Which means that the Reserve Bank of New Zealand “party police” have been content to let things run
