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Reuters
Reuters
Business

New Zealand business confidence improves further in February - ANZ survey

FILE PHOTO: A sailing boat can be seen in front of the central business district (CBD) of Wellington in New Zealand, July 2, 2017. REUTERS/David Gray

New Zealand business sentiment improved further in February with investment and employment intentions going up, a preliminary ANZ Bank survey showed on Thursday.

The survey's headline measure showed a net 11.8% of respondents expected the economy to improve over the year ahead compared with a net 9.4% in the previous poll in December last year.

A net 22.3% of respondents expected their own businesses to grow in the next 12 months, compared with 21.7% in the previous survey.

(Reporting by Praveen Menon; Editing by Jacqueline Wong)

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