ANZ NZ Business Survey for June
Business confidence -62.6%
- prior -55.6%
Activity outlook -9.1%
- prior -4.7%
ANZ comment:
- The suite of activity indicators were weaker across the board. Expected profitability is particularly dire.
- Supply-side issues continue to dominate the list of firms’ biggest problems, consistent with inflation pressures that are still intense.
Not good indications in this:
more to come
