NZ business confidence slips from 7-month high in April

Wed, 29 Apr 2015

April 29 (BusinessDesk) - New Zealand business confidence slipped from a seven-month high as sentiment waned in retailing, manufacturing, agriculture and construction. A net 30 percent of firms were optimistic about the general economy in April, down from 35.8 percent in March, according to the ANZ Business Outlook. Sentiment improved in the services sector. The survey shows business confidence remains sturdy, recording the third straight month of net optimism after six consecutive months of pessimism. The biggest decline in April came fr...

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