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Business sentiment plunges to ‘dire levels’ – ANZ

The measure of firms’ view of their own prospects fell to near recessionary levels.

ANZ chief economist Sharon Zollner.

The clouds hanging over the country’s business sector have got several shades darker, due to stubbornly high inflation and growing fears of a recession.

The ANZ Bank’s monthly survey of businesses shows a net 57.1% of respondents expect the broader economy will deteriorate this year, compared

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Nicholas Pointon Wed, 30 Nov 2022
Contact the Writer: nicholas@nbr.co.nz
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Business sentiment plunges to ‘dire levels’ – ANZ
General Business,
96857
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