AI News about new zealand economy

Business confidence plummets and inflation expectations surge

Business Confidence Hits 14-Year Low Amid Middle East Tensions ANZ's March Business Outlook survey reveals New Zealand business confidence has plummeted to 14-year lows as the Middle East crisis threatens prolonged economic disruption. The survey shows inflation expectations surging alongside deteriorating sentiment across sectors. Businesses are increasingly pessimistic about near-term growth prospects and economic stability.