NZ business confidence rises in May, along with expectations for profit, pricing and inflation

Wed, 31 May 2017

By Jonathan Underhill May 31 (BusinessDesk) - New Zealand business confidence rose in May and firms saw rising exports, employment, profits, prices and inflation, suggesting the domestic economy continues to enjoy reasonable growth. A net 15 percent of companies surveyed in the ANZ Business Outlook expect general business conditions to improve over the coming year, up from 11 percent in April. A net 38.3 percent see better times ahead for their own business, edging up from 37.7 percent, but still above the long-run average of 28 percent,...

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