Economic Buzz: New Zealand Business Confidence Deteriorates In June

New Zealand business confidence deteriorated in June, survey data from ANZ Bank showed Wednesday. The business sentiment index dropped to -39.0 in June from -27.2 in the previous month. Firms views of their own activity declined from 14.0 to 9.0 in June. The activity outlook weakened in June, with the corresponding index falling to 9.4 from 13.6 in May.