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Reuters
Reuters
Business

New Zealand business sentiment dips in August, but still upbeat

WELLINGTON (Reuters) - New Zealand business sentiment eased slightly in August, though still remained upbeat in line with a solid economic backdrop, an ANZ Bank survey showed on Thursday.

The survey's headline measure showed a net 18.3 percent of respondents expected the economy to improve over the year ahead. It compared with a 19.4 percent optimism level in the previous poll in July.

A net 38.2 percent of respondents expected their own businesses to grow in the next 12 months, from 40.3 percent last month.

(Reporting by Ana Nicolaci da Costa; Editing by Shri Navaratnam)

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