New Zealand data, January business confidence 36.6% vs. 33.2% prior

New Zealand data - ANZ Business Survey for January 2024 Business confidence 36.6% vs. 33.2 in December Activity Outlook 25.6% vs. 29.3 in December ANZ comment: The recent dramatic lift in residential construction gave up quite a bit of ground this month.Inflation expectations took a step lower, but the proportion of firms expecting to raise their prices remains stubbornly high. This article was written by Eamonn Sheridan at www.forexlive.com.

New Zealand data, January business confidence 36.6% vs. 33.2% prior

New Zealand data - ANZ Business Survey for January 2024

  • Business confidence 36.6% vs. 33.2 in December
  • Activity Outlook 25.6% vs. 29.3 in December

ANZ comment:

  • The recent dramatic lift in residential construction gave up quite a bit of ground this month.
  • Inflation expectations took a step lower, but the proportion of firms expecting to raise their prices remains stubbornly high.
This article was written by Eamonn Sheridan at www.forexlive.com.