NZ data: April Business Confidence -43.8% (prior -43.4%)

ANZ New Zealand business survey

• business confidence worsens to -43.8% vs. -43.4% in March
• activity outlook is slightly better at -7.6% vs. -8.5% in February

In the CPI, ANZ says:

• 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 indicators continue to fall, as the RBNZ will be expecting, given their forecast for inflation to fall steadily over the next year.