NZ business confidence slips though firms grow more bullish on own prospects

Thu, 27 Sep 2012

Sept. 27 (BusinessDesk) - New Zealand business confidence retreated this month though firms grew more bullish about their own prospects and both pricing intentions and inflation expectations are rising from their lows. A net 17 percent of respondents in the Business Outlook survey expect business conditions to improve over the next 12 months, down from 20 percent in August. Companies’ own activity expectations improved, with a net 29 percent expecting more activity in their business in the year ahead, up from 26 percent last month. “The New...

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