FX.co ★ New Zealand's ANZ Business Confidence Drops to 22.9 in March 2024

In a recent economic update, New Zealand's ANZ Business Confidence indicator dropped to 22.9 in March 2024 compared to the previous figure of 34.7 in February 2024. This decline reflects a decrease in business sentiment in the country's economy, indicating potential concerns among businesses. The data was last updated on 28 March 2024, showing a notable shift in business outlook within a relatively short period. Analysts will be closely monitoring the situation to understand the implications of this decline on New Zealand's economic landscape and future business activities.