News: New Zealand business confidence falls in March - private survey

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    WELLINGTON, March 31 (Reuters) - New Zealand business sentiment fell in March led by concerns about the agriculture industry, an ANZ Bank survey showed on Thursday.

    The survey's headline measure showed a net 3.2 percent of respondents expected the economy to improve over the year ahead. It compared with a 7.1 percent optimism level in the previous poll.

    A net 29.4 percent of respondents expected their own businesses to grow in the next 12 months, from 25.5 percent last month.

    Inflation expectations decreased to 1.38 percent compared with 1.39 percent in the previous survey.

 
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