NZ business confidence eases in June: National Bank

Thu, 28 Jun 2012

By Hannah Lynch June 28 (BusinessDesk) - New Zealand business confidence remained positive in June, even as confidence fell across all five of the main sub-sectors, with firms becoming more cautious in the winter months. A net 13 percent of survey respondents expect better times for the economy in the year ahead, down from 27 percent in May, while a net 21 percent of firms predict their own activity will improve, down 14 percent to 20 percent. "The good news is that confidence is still positive and it's natural to feel a little more cautio...

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