NZ data – ANZ (May) business confidence 38.3 (prior 11.0) & activity outlook 14.9 (37.7)

ANZ’s monthly Business Outlook Survey Both the confidence and activity indicators beating the previous month’s readings ANZ’s summary: “Bodacious” Business confidence lifted in May Broader survey gauges are very positive on the outlook for the economy Our composite growth indicator is pointing to 3½-4% GDP growth Inflation expectations (finally) hit 2% — ANZ’s Business Outlook […]

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