New Zealand: Business confidence hits 15-year high

Confidence among businesses soared in December according to the ANZ Bank Business Outlook, which reported that a net 64.1% of businesses surveyed expect economic conditions to improve in the coming 12 months. The result came in above November’s 60.5%. Business confidence now sits at the highest level since February 1999 and remains well above the 0-percentage-point threshold that separates optimism from pessimism.

Read more about New Zealander Business Confidence.

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