New Zealand data: ANZ business survey shows August business confidence 53.7 (prior 56.1)

Earlier:

Reserve Bank of New Zealand Shadow Board split, most back 25bp rate hike this weekPreview: Inflation and growth strength point to further RBNZ tightening, BNZ says90% of economists expect RBNZ hike on September 2, poll shows

Data:

Business own activity Outlook 48.2%

prior 49.3%

Business confidence 53.7%

prior 56.1%

Also, out at the same time, Australia Melbourne Institute Inflation August 2026:

0.5% m/m

prior 1.0%

4.8% y/y

prior 4.0%
This article was written by Eamonn Sheridan at investinglive.com.