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Business confidence up, inflation outlook less hopeful- ANZ survey

Author
Newstalk ZB,
Publish Date
Wed, 31 Jan 2024, 8:38pm
ANZ. Photo / Steven McNicholl
ANZ. Photo / Steven McNicholl

Business confidence up, inflation outlook less hopeful- ANZ survey

Author
Newstalk ZB,
Publish Date
Wed, 31 Jan 2024, 8:38pm

ANZ has released their latest Business Confidence survey, creating a complicated picture for the economy.

Business confidence rose 4 points to +37 in January, while expected own activity fell 3 points to +26.

Infometrics Principal Economist Brad Olsen says businesses are forecasting a clearer economic pathway following a tough couple of years- but we're not out of the woods yet.

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