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ANZ New Zealand Business Survey: Infla Expectations Fall

-Business Confidence, Activity Outlook Ease Slightly
     SYDNEY (MNI) - From ANZ bank's New Zealand business outlook for July
published Monday:
                           July   June
--------------------------------------
Business Confidence        19.4   24.8
Activity Outlook           40.3   42.8
Exports                    32.7   27.0
Investment Intentions      23.0   27.4
Employment Intentions      25.7   24.3
Interest rates             50.6   57.6
Pricing Intentions         27.6   31.1
Inflation Expectations    1.98%  2.03%
Ease of Credit            -27.4  -30.7
Residential Construction   10.5   18.2
Commercial Construction     5.6   28.5
--MNI Sydney Bureau; tel: +61 2-9716-5467; email: sophia.rodrigues@marketnews.com
[TOPICS: MTABLE,MANDS$,M$A$$$,M$N$$$,MT$$$$]

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