7 Feb 2012

Business confidence up

12:08 pm on 7 February 2012

Business confidence has risen again at the start of 2012.

The latest BNZ confidence survey has found a net 13% of respondents expect the economy to improve in the next 12 months. Some 399 were surveyed.

That is an improvement from the previous survey in December, when only 3.3% thought the economy would do better.

Two consecutive rises in confidence suggests there could be slow growth in the economy this year.