New Zealand March business confidence -43.4% vs. -43.3% in February

ANZ New Zealand business survey

• business confidence -43.4% vs. -43.3% in February
• activity outlook -8.5%% vs. -9.5% in February

ANZ comments on the key themes of the March survey:

• Retail, construction and agriculture respondents were generally more upbeat, while manufacturing and services firms became more pessimistic.
• The headline inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term and pricing indicators eased a smidgen (figure 2). Pricing intentions have turned downwards the most convincingly (while still being problematically high), but inflation expectations are finally starting to look as though they may have turned lower too. The net proportion of firms experiencing higher costs remains extremely high.