Ongoing fall in inflation indicators

Ongoing fall in inflation indicators
Inflation expectations are flat – the index has been largely unchanged for three months. (Image: Getty)
Staff reporters
Business confidence was flat in the latest ANZ Business Outlook (ANZBO) survey for April.The headline confidence reading from the survey was a -43.8, marginally worse than the -43.4 registered in March. The index has been largely unchanged for three months.There was some good news on the inflation front, with cost, pricing and overall inflation expectations all decreasing – although all three remain elevated.Profit expectations also took a further hit as the squeeze comes on the economy.Interest rate implicationsANZ chief economist S...

More Economy

ANZ survey: ‘The worst will soon be past’
Economy

ANZ survey: ‘The worst will soon be past’

ANZ-Roy Morgan's survey shows that consumer confidence bounced back from recessionary lows in July.“It’s still very low but has clawed back about half the March-April fall that coincided with ‘recession’ headlines. The lift was driven by improving expectations rather than the...

Staff reporters 26 Jul 2024
The kiwi dollar is falling prey to the bears
Economy

The kiwi dollar is falling prey to the bears

The only worst performer is the Norwegian krone.

Rebecca Howard 26 Jul 2024
Holidays Act: no vacation for taxpayers
Economy In-depth

Holidays Act: no vacation for taxpayers

Let's pay billions of dollars and get nothing new for it.

Nikitin Sallee 25 Jul 2024
Recession worries? Blame China's economic flu
Economy

Recession worries? Blame China's economic flu

Treasury's chief economic adviser says China's economic woes are being felt in NZ.

Dileepa Fonseka 25 Jul 2024