NZ business confidence snaps five-month decline as firms get less gloomy

Wed, 30 Sep 2015

By Paul McBeth Sept. 30 (BusinessDesk) - New Zealand businesses grew less gloomy about the economy's prospects in September, snapping five months of declining confidence, in a period when dairy prices rallied from their lows, soothing concerns about the strength of the nation's biggest export. A net 19 percent of firms were pessimistic about the general outlook for the economy over the coming year, an improvement on the net 29 percent of pessimists in August, according to the ANZ Business Outlook survey. A net 17 percent of firms see thei...

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