NZ business confidence rises to 9-month high, led by services, agriculture; home building weakens

Thu, 29 Jun 2017

By Jonathan Underhill June 29 (BusinessDesk) - New Zealand business confidence rose to a nine-month high in June, led by services and agriculture, suggesting economic growth is set to accelerate. A net 24.8 percent of companies surveyed in the ANZ Business Outlook this month expect general business conditions to improve over the coming year, up from 15 percent in May. A net 42.8 percent see better times ahead for their own business, up from 38.3 percent last month and the highest since July 2014. Measures of profit, investment, capacity u...

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