NZ business confidence slips from 20-year high, remains elevated

Mon, 31 Mar 2014

By Suze Metherell March 31 (BusinessDesk) – New Zealand business confidence slipped from a 20-year high in March, while remaining at elevated levels consistent with broad economic momentum. A net 67.3 percent of firms are optimistic about general business conditions this month, down from 70.8 percent in February, which was the highest level since March 1994, according to the ANZ Business Outlook survey. Confidence across all major subsectors was above 50 percent, a sign of broad-based economic expansion. Firms expecting to raise prices dec...

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