New Zealand ANZ business confidence rose to -31.1, RBNZ back at hike by year-end

New Zealand’s ANZ Business Confidence Index climbed from -43.8 to -31.1 in May, offering some positive news for the economy. Own Activity outlook also edged higher, moving from -7.6 to -4.5. A more granular look at the data reveals that export intentions went up from -1.5 to 2.0, while investment intentions remained steady at -6.8. […]

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