Foreshortened by the Good Friday holiday, the week ahead nonetheless has a number of useful New Zealand data items in store. Wednesday’s ANZ business survey promises to be the most important. We were a tad surprised at the way its February edition strengthened, in spite of the drought that was starting to grip the country at the time. Still, we’re conscious there are lags involved. And so the March results are vulnerable to drought catching up with it. At such times, note the fact the ANZ survey covers farmers directly, which the Quarterly Survey of Business Opinion doesn’t.
Click here to read the full report: Market Research
BNZ