26-April-2024
Economy News
 
New Zealand business confidence declines in October - ANZ survey
13-Oct-2021

New Zealand business sentiment fell in October from the previous month, an ANZ Bank preliminary survey showed on Wednesday, as the country’s largest city, Auckland, remains in a lockdown to contain an outbreak of the Delta variant of the coronavirus. The survey’s headline measure showed a net 8.6% of respondents expected the economy to deteriorate over the year ahead. It compared with a 7.2% pessimism level in the previous poll in September. A net 26.2% of respondents expected their own businesses to grow in the next 12 months, compared with 18.2% last month. (Reporting by Renju Jose in Sydney; Editing by Shri Navaratnam)

News Source:- https://www.reuters.com/article/newzealand-economy-confidence/new-zealand-business-confidence-declines-in-october-anz-survey-idUSL1N2R900V