Business confidence perking up, inflation expectations easing

A net 47.1% of those surveyed expect to lift prices, versus 44.0% in August. (Image: Getty)

Thu, 28 Sep 2023

The ANZ business confidence pushed into positive territory in September for the first time since May 2021, while inflation expectations fell below 5% for the first time since December 2021. The ANZ Business Confidence Index was 1.5 in September versus -3.7 in August. Inflation expectations came in at 4.95% versus 5.06% in August. While both are moving in the right direction, many activity indicators slipped slightly, despite the lift in the headline measures.ANZ senior agri economist Susan Kilsby described the survey as mix...

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