NZ business confidence rises to near 15-year high, suggesting a booming economy, ANZ says

Wed, 18 Dec 2013

Dec. 18 (BusinessDesk) – New Zealand business confidence rose to its highest in almost 15 years this month, adding to evidence the economy is picking up pace. A net 64.1 percent of firms are optimistic about general business conditions, up from 60.5 percent last month, according to the December ANZ Business Outlook survey. Firms seeing a pickup in their own business activity rose to a 19-year high of 53.5 percent from 47.1 percent last month. ANZ’s composite indicator of business and consumer confidence indicates the two sides of the producti...

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