New Zealand Business Confidence Improves In May: ANZ

Pessimism among New Zealand's businesses decreased sharply in May amid a rebound in several activity indicators though inflation worries persisted, survey data from the ANZ showed Wednesday. The business confidence index survey balance gained 13 points to -31.1 from from -43.8 in April, the ANZ New Zealand Business Outlook survey showed. Economists had forecast a score of 43.4.

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