New Zealand data – June business confidence and activity both improved from May

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  • ANZ Business Outlook survey with better news for the NZ economy
Eamonn Sheridan


Eamonn Sheridan

Thursday, 29/06/2023 | 01:06 GMT-0

29/06/2023 | 01:06 GMT-0

ANZ comments:

  • Business confidence leapt 13 points in June to -18, the highest read since November 2021.
  • Expected own activity jumped 8 points to +3; hardly strong, but the first time in 14 months that it’s been in the black.
  • Inflation indicators generally eased.
  • Reported inward freight disruption fell to a fresh low.

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