New Zealand’s business confidence deteriorated sharply in March, with ANZ Business Confidence falling from 59.2 to 32.5 as geopolitical tensions disrupted the recovery narrative. The decline was even more pronounced in late-month responses, which averaged -23, highlighting how sentiment worsened as uncertainty intensified following the escalation in the Middle East. The hit to sentiment was […]The post NZ ANZ Business Confidence Tumbles to 32.5 as Cost Pressures Surge to Highest Since 2023 appeared first on ActionForex.