A net 9.2% of respondents expected their own businesses to
shrink in the next 12 months versus 15.8% last month who saw
contraction coming.
(Reporting by Renju Jose; Editing by Tom Hogue)
SYDNEY, Feb 28 (Reuters) - New Zealand's business
confidence improved in February as all activity indicators saw a
lift, although many remain at very subdued levels compared to
historical averages amid intense inflationary pressures, an ANZ
Bank survey showed on Tuesday.
The survey's headline measure showed a net 43.3% of
respondents expected the economy to deteriorate over the year
ahead versus a 52% pessimism level in the previous poll in
January.
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