NZ business confidence slides to lowest level since September

Fri, 29 May 2015

By Suze Metherell May 29 (BusinessDesk) - New Zealand business confidence slid to its lowest level since the general election last year as optimism about the economy waned and inflation expectations fell to a historic low. A net 15.7 percent of respondents were optimistic about the general economy in May, down 15 points from April's reading, and its lowest level since September last year, according to the ANZ Business Outlook. Firms' own activity expectations declined to a two-year low of 33 percent, but above the historic average of 27...

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