NZ business confidence remains in doldrums in November

Thu, 29 Nov 2018

By Rebecca Howard Nov. 29 (BusinessDesk) - New Zealand business confidence remained in the doldrums in November with headline sentiment and firms' views of their own activity largely unchanged from the previous month. A net 37.1 percent of firms surveyed in the ANZ business outlook survey for November expect general business conditions to deteriorate in the coming 12 months, unchanged from October. Agriculture remained the most downbeat sector, followed by retail. Firms' views of their own activity, which is more strongly correlated w...

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