New Zealand business confidence deteriorated sharply in April, with ANZ’s headline index plunging from 32.5 to -10.6, highlighting a rapid shift in sentiment amid rising cost pressures. Firms’ own activity outlook also fell significantly from 39.3 to 19.6. One-year ahead expectations, meanwhile, jumped from 3.08% to 3.81%, the highest since February 2024. Cost pressures have […]The post NZ ANZ Business Confidence Slumps to -10.6, Inflation Expectations Highest Since Feb 2024 appeared first on ActionForex.