NZ Business Confidence Rises in October
New Zealand business confidence edged higher in October as firms stayed optimistic. Forward-looking activity indicators turned positive despite volatile oil prices.
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New Zealand business confidence rose to 52.5% in October, up from 51.9% in September, with firms remaining resilient despite oil price volatility, an ANZ GROUP HOLDINGS LTD survey showed on Thursday morning. The survey captured strong forward-looking activity indicators turning positive across the board. This steady optimism persists even as West Texas Oil prices fluctuate, signaling domestic demand insulation.
