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31 Mar 2015
NZ business confidence ticked up in March - ANZ
FXStreet (Bali) - New Zealand ANZ Business Confidence increased to 35.8 in March from previous 34.4.
Summary notes by Cameron Bagrie, Chief Economist at ANZ
"Business confidence ticked up two points in March: the economic expansion continues at a robust pace."
"Firms’ own activity expectations, employment and investment intentions arenall elevated. We’re picking 3% growth over the year ahead."
"Agriculture lifted the most this month, though it remains the least confident sector. Next month could be telling, given dairy prices have resumed falling."
"Pricing gauges picked up, but off lows"
Summary notes by Cameron Bagrie, Chief Economist at ANZ
"Business confidence ticked up two points in March: the economic expansion continues at a robust pace."
"Firms’ own activity expectations, employment and investment intentions arenall elevated. We’re picking 3% growth over the year ahead."
"Agriculture lifted the most this month, though it remains the least confident sector. Next month could be telling, given dairy prices have resumed falling."
"Pricing gauges picked up, but off lows"