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NEW ZEALAND
NEW ZEALAND: The New Zealand Treasury has noted that "New Zealand moved to Alert
Level 3 on 27 April, allowing many businesses to reopen. High frequency
indicators show a tick up in economic activity, though it remains well below
normal levels. Data from March show exports held up strongly despite the effects
of the COVID-19 pandemic. The finalised ANZ Business Outlook Survey for April
showed business confidence improved slightly from the preliminary read released
on 8 April, but remains firmly negative."
- Link: https://treasury.govt.nz/system/files/2020-05/weu-1may20.pdf
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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