Australian February business confidence 0 (prior 1) ...Middle East

National Australia Bank (NAB) February 2024 business survey:Business Confidence 0 prior 1Business Conditions 10prior 7compares favourably with its long-run average of +7Sub measures:business sales +5 points to +14profitability +3 points to +9employment +1 point to +6Capacity utilisation 83.4%, from 83.7%Quarterly growth in purchase costs +1.8% in FebruaryGrowth in retail prices +1.4%, from +0.9%NAB comments: "It is really too early to say if this is just a temporary lift or the beginning of a more meaningful turnaround," "Cost pressures clearly remain elevated for businesses and it appears there is still some scope for firms to pass this through to output prices" "These results are a goo

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Australian February business confidence 0 (prior 1) ...Middle East

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