New Zealand ANZ Business Survey for June 2025.
Business Confidence jumps to 46.3
Business confidence surged 9 points in June to a net 46%, with more firms anticipating improved conditions.prior 36.6
Activity Outlook up to 40.9, easing tariffs cited
prior 34.8
However, indicators of recent performance remained weak — reported past activity, a strong proxy for GDP, dipped 3 points to just 2%, while past employment remained unchanged at -10%.
ANZ note that price pressures persist, with 46% of firms planning to raise prices soon (up 1 point), and expected costs rising 6 points to 79%. Inflation expectations for the year ahead held steady at 2.71%.
This article was written by Eamonn Sheridan at www.forexlive.com.