WELLINGTON, April 4 (Reuters) - New Zealand's business
confidence in the first quarter showed some positive
developments with both business confidence and firms' own
trading activity recovering slightly, a private think tank said
on Tuesday.
A net 66% of firms surveyed expected general business
conditions to deteriorate compared with 70% pessimism in the
previous quarter, the New Zealand Institute of Economic
Research's (NZIER) quarterly survey of business opinion (QSBO)
showed.
(Reporting by Lucy Craymer; Editing by Leslie Adler)
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