New Zealand ANZ business survey for October, final
Business Confidence -15.7, not as strong as the prelim figure had it but improved over September.
- Activity Outlook 4.7
Flash and prior numbers here: New Zealand ANZ Oct prelim business confidence -14.5 vs -28.5 prior
ANZ's key point summary:
- Headline business confidence, at -15.7%, was 1 point lower than the early month read, while own activity was 1 point higher, at +4.7%. Investment and employment intentions and profit expectations were also broadly stable.
- In bigger moves, export intentions slipped 5 points from the preliminary read.
- Construction is the most optimistic sector; agriculture and retail the least.
