Coming up on Tuesday 31 August 2021 at 0100, GMT New Zealand ANZ business survey for August
Business Confidence prior -3.8
Activity Outlook prior 26.3
What to look for via Westpac, noting that some responses to the survey will have been received prior to the reimposition of lockdown on August 17:
- It's not clear how much of a knock sentiment will take from the current lockdown. Over the past year we've seen how quickly the economy can bounce back after a successful lockdown. In addition, highly supportive monetary and fiscal policy remain in place.
WPAC also note the importance of the underlying inflation gauges in this report:
- businesses continuing to highlight strong cost pressures
