NZ data - Business Confidence (prior 1.8) & Activity Outlook (prior 27.1)

New Zealand ANZ business survey for June

Business Confidence -0.6

• prior 1.8

Activity Outlook 31.6

• prior 27.1

ANZ comment on ... the survey:

• the most striking result was a net 84% of retailers intending to raise their prices in the next three months.
• Inflation pressures remain intense. Retail pricing intentions soared.