New Zealand ANZ business confidence dropped to -63.5, severe recession is guaranteed

<p>New Zealand ANZ Business Confidence tumbled to -63.5 in March, down from -19.4, close to a record low. All sectors are in deep negative: Agriculture (-79.4), Construction (-67.6), Services (-66.5), Retail (-65.4), Manufacturing (-46.2). Activity Outlook also dropped from 12.0 to -26.7: Retail (-40.7), Services (-26.8), Agriculture (-26.5), Construction (-23.7), Manufacturing (-21.0). ANZ said: “Times […]</p>
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