Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

New Zealand Business Confidence Declines in December, ANZ Says

Dec. 19 (Bloomberg) -- New Zealand business confidence fell for the fourth time in five months in December, while a second gauge of sales and profits fell to a nine-month low, according to a survey by ANZ National Bank Ltd.

A net 16.9 percent of companies expect the economy will improve over the next 12 months, down from 18.3 percent in November, according to the survey released in Wellington today. A measure of expectations for companies’ own sales and earnings declined to 25.7 percent, the lowest since March, compared with 28.8 percent last month.

The net figure subtracts the number of pessimists from the number of optimists.

To contact the reporter on this story: Tracy Withers in Wellington at twithers@bloomberg.net

To contact the editor responsible for this story: Stephanie Phang at sphang@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.