New Zealand April (preliminary) Business Confidence -8.4 (prior -4.1) & Activity Outlook 16.4 (prior 16.6)

NA data – ANZ business survey for April, preliminary results 

Business Confidence slides further, to -8.4

  • prior -4.1

Activity Outlook 16.4

  • prior 16.6

On Inflation pressure, says ANZ:

  • Pricing expectations hit a new high, in data that goes back to 1992. Cost expectations data only goes back two years but also hit an eye-watering high of a net 75% of respondents expecting higher costs.

 more to come  
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