Australia's business confidence and conditions improved in January signaling that the economy remained resilient to headwinds from inflation and higher interest rates, survey results from National Australia Bank showed on Tuesday.
The business confidence index rose to +6 in January from zero in December. Following two months of rebound, confidence turned positive after easing into negative territory late in 2022.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Renju Jaya
For comments and feedback: contact editorial@rttnews.com