New Zealand business sentiment climbs in August

Note: This section contains information in English only.
Source: RTTNews
New Zealand business confidence advanced in August amid strong residential investment intentions, the National Bank of New Zealand said on Thursday. The business sentiment surged to 19.5, compared to 15.1 in July. Meanwhile, firms' activity expectations rose to 26.4 from 24 in previous month. Inflation expectations showed optimism, down to 2.3%, the least since November 1999.

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