NZ data: Business confidence (July) -44.9 (vs. prior -39.0); Activity Outlook 3.8 (9.4) - ConsultFX

NZ data: Business confidence (July) -44.9 (vs. prior -39.0); Activity Outlook 3.8 (9.4)

ANZ Business Survey for New Zealand, July 2018 Activity Outlook  drops to 3.8, lowest since May of 2009 - prior 9.4 - long-term average is +27 Business Confidence drops even further to -44.9 and to its lowest since May of 2008 (a 10+ year low … very poor indeed)