New Zealand’s ANZ Business Confidence index improved modestly in August, rising to 49.7 from 47.8. However, firms’ Own Activity Outlook slipped to 38.7 from 40.6. Sector pressures also persisted, with reported employment in construction falling sharply. Inflation indicators eased further. The share of firms expecting to raise prices in the next three months fell to […]The post NZ ANZ business confidence rises to 49.7, weak spots reinforce RBNZ’s dovish tilt appeared first on Action Forex.