Business sentiment in New Zealand improved strongly at the start of the year from a record low in December, as the shock of November's interest rate hike and recession worries eased in the economy, though the mood remained gloomy about the outlook amid intense inflationary pressures and the prospect of more policy tightening by the central bank, survey results from ANZ showed on Friday.
The business sentiment index rose by 18 points to -52 in January from -70.2 in the previous month, driven by the retail and manufacturing segments, the ANZ Business Outlook survey showed.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.