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Reuters
Reuters
World

ANZ Bank to release flash business outlook estimates on March 10

FILE PHOTO: Commuters walk past an ANZ bank branch in Sydney, Australia April 23, 2018. REUTERS/Edgar Su/File Photo

ANZ Bank said on Thursday it would release a preliminary read of its closely watched business outlook survey on March 10 given the rapidly evolving situation due to the coronavirus outbreak.

The final results of the ANZ business outlook are scheduled for release on March 31.

The preliminary data would include survey responses received via internet collection, the bank said in a statement.

New Zealand's businesses sentiment dropped in January as the coronavirus outbreak in China caused widespread alarm about the outlook for the economy.

The government has said it expected a significant impact on the economy from the coronavirus outbreak in the short term.

(Reporting by Praveen Menon; Editing by Chris Reese)

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