NZ business confidence rises to 14-year high amid broad expansion

Wed, 31 Jul 2013

By Tina Morrison July 31 (BusinessDesk) – New Zealand business confidence rose to its highest in more than 14 years in July, amid signs of a broader economic expansion. A net 52.8 percent of firms expect general business conditions to improve in the year ahead, up from 50.1 percent in June, and the highest level since April 1999, according to the ANZ Business Outlook. Firms seeing a pickup in their own business activity in the year ahead eased to a net 43.7 percent, from a three-year high of 45 percent in June. Sentiment remains highest in...

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