The ANZ business confidence index for New Zealand climbs to 11.3% in April

ANZ Bank released its latest business sentiment survey for New Zealand on Tuesday. The ANZ business confidence index for New Zealand climbed to 11.3% in April from 6.2% in March. The index means that 11.3% of respondents expected the country's economy to improve over the coming year.

"Business confidence continues to recover lost ground," the ANZ Chief Economist Cameron Bagrie said.

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