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.
