March 31, 2017 / 12:12 AM / 6 months ago

ANZ business confidence dips in March - ANZ bank

WELLINGTON, March 31 (Reuters) - New Zealand business sentiment dropped in March, hit by the downturn in dairy prices, an ANZ Bank survey showed on Friday.

The survey’s headline measure showed a net 11.3 percent of respondents expected the economy to improve over the year ahead, versus a 16.6 percent optimism level in the previous poll.

Nonetheless, a net 38.8 percent of respondents expected their own businesses to grow in the next 12 months, up from 37.2 percent last month.

Inflation expectations on a 12-month horizon rose to 1.83 percent compared with 1.73 percent in the previous survey. (Reporting by Charlotte Greenfield; Editing by Eric Meijer)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below