- Business confidence rose 0.2 to 17.2 (prior 17.00).
- Activity outlook fell to 25.5 (prior 29.3).
The National Bank of NZ’s monthly business outlook showed a net 25.5 percent of companies expect their own business to grow in the next 12 months, compared with a 29.3 percent optimism level in September.
The survey’s headline measure of sentiment showed a net 17.2 percent of respondents expecting the economy to improve over the year ahead, compared with a net 17 percent optimism level the month before.-RTRS
NZD trading not paying attention but near session highs at 0.8194/98.
