New Zealand business optimism slips in September amid volatile oil prices
ANZ Bank survey showed net 51.9% expected economy to improve over the year ahead, down from 53.7% in August, and 47.9% expected own activity to grow, down from 48.2%.
SYDNEY, Sept 30 (Reuters) — New Zealand business confidence eased in September as volatile oil prices, driven by ongoing conflict in the Middle East, continued to weigh on sentiment, according to an ANZ Bank survey released on Wednesday. 7% in August. 2% previously. ANZ said there was "real momentum in some sectors, but there are real headwinds too".
It added that "waiting for certainty is a decision to do nothing for potentially a long time".