The latest ANZ Business Outlook shows firms are feeling more confident about their own activity
The latest ANZ Business Outlook shows firms are feeling more confident about their own activity
1 July 2021
The June survey shows headline business confidence dropped three points compared to May - but firms' own activity rose five points.
Chief economist Sharon Zollner says there was also another jump in pricing intentions - particularly for the retail sector.
She says it shot up over 80 which is unheard of, and tends to have a reasonable correlation with inflation, so it's an interesting development.
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