NZ business confidence edges higher in July National Bank

Tue, 31 Jul 2012

By Hannah Lynch July 31 (BusinessDesk) - New Zealand business confidence edged higher in July, led by employment and investment intentions as concerns over European's debt crisis eased. A net 15.1 percent of surveyed respondents expect better times for the economy in the year ahead, up 2 points from June, according to the latest National Bank Business Outlook survey. A net 24 percent of firms predict their own activity will improve, up 4 points. That number remains just below the historic average of a net 26 percent. "The economy seems to...

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