NZ business confidence rises to 6-month high amid economic pickup

Mon, 30 Nov 2015

By Tina Morrison Nov. 30 (BusinessDesk) - New Zealand business confidence rose to a six-month high in November, signalling a pick up in the economy. A net 14.5 percent of businesses were confident about the general outlook for the economy over the coming year, up from 10.5 percent last month, according to the ANZ Business Outlook survey. A net 32 percent of firms see their own activity expanding in the coming year, up from a net 23.7 percent in October. While the New Zealand economy is being weighed down by slower housing markets in Au...

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