NZ: Business Confidence jumped to 20.2 in June - TDS

Research Team at TDS, notes that the NZ’s June Business Confidence jumped to 20.2 from 11.3 in May, confidence the highest since December.

Key Quotes

“The Activity index gained too, to 35.1 from 30.4 and year ahead inflation expectations rose to 1.49% from 1.39%. Also investment intentions and profit expectations rose. All in all, it suggests to an acceleration in growth.”