New Zealand December enterprise confidence 62.three (prior 64.9)
ANZ New Zealand enterprise survey for December 2024:
- Enterprise confidence eased three factors to +62 in December
- however anticipated personal exercise rose 2 factors to +50
- previous personal exercise (the perfect GDP indicator) jumped 10 factors to Zero.
- Previous employment fell 1 level to -13.
- Pricing indicators and inflation expectations had been little modified, however there was a shocking 7-point soar in value expectations from a internet 63% to a internet 70% anticipating increased prices within the subsequent three months.
extra to come back
Earlier from NZ:
- New Zealand “dramatically worse than anybody had anticipated” – RBNZ may minimize by 75bp in Feb
- New Zealand Q3 GDP -1.Zero% q/q (vs. -Zero.four% anticipated)
- New Zealand greenback falls even additional after GDP plunges
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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