NZ business confidence falls for second month, dragged down by agriculture

Tue, 30 Apr 2013

April 30 (BusinessDesk) - New Zealand business confidence fell for a second month, with the agricultural sector remaining pessimistic about the general economic outlook and profits, while construction remained the most bullish. A net 32 percent of firms expect general business conditions to improve in the year ahead, according to the ANZ Business Outlook, down from 35 percent in the March survey. Firms seeing a pickup in their own business activity in the year ahead fell to a net 30.3 percent from 32.4 percent. Confidence is still above the...

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