NZ business confidence lifts in April as construction sector underpins growth

Fri, 29 Apr 2016

By Paul McBeth April 29 (BusinessDesk) - New Zealand firms were more optimistic about the economic outlook this month as a buoyant construction sector remains central to the country's growth in the coming year, ANZ Bank New Zealand says. A net 6.2 percent of firms surveyed in the ANZ Business Outlook in April were upbeat about the economy's prospects for the year ahead, up from 3.2 percent in March, and 32 percent anticipate their own activity to expand, compared with 29 percent a month earlier. Construction is still the most optimistic...

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