New Zealand November 2024 Business SurveyBusiness confidence 64.9%prior 65.7Activity outlook 48.0%prior 45.9ANZ comments:Business confidence eased 1 point to +65 in November, but expected own activity rose 2 points to +48. Experienced own activity rose a point to -10, while past employment lifted from -15 to -12. Pricing intentions fell 2 points to a net 42% of firms intending to raise prices in the next 3 months. The average amount by which they intend to raise eased from 1.7% to 1.6%. In good news for the RBNZ, inflation expectations dropped markedly from 2.8% to 2.5%, likely impacted by the Q3 CPI print of 2.2% y/y.***Earlier from NZ today:Data from New Zealand today confirms signs of sti
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