Home NZ: Business outlook stalled in February – ANZ
FXStreet News

NZ: Business outlook stalled in February – ANZ

Analysts at ANZ note that for the New Zealand economy, the recent improvement in business activity indicators out of the ANZ Business Outlook survey stalled in February.

Key Quotes

“Business confidence fell 7 points, while firms’ views of their own activity eased 3 points.”

“Activity indicators generally ticked down. Export intentions fell to the weakest since March 2009. Pricing intentions remain range-bound.”

“Expected availability of credit dropped sharply.”

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.