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flag Business confidence in New Zealand rises to 58%, but growth outlook varies by industry.

flag Business confidence in New Zealand has risen 4 points to 58%, with firms optimistic about hiring, investment, and exports. flag However, the outlook varies by industry, with retail and construction experiencing negative growth, while agriculture is improving. flag Despite lower inflation expectations and steady profits, skill shortages may constrain expansion plans. flag The economy is recovering, but growth is expected to be moderate in 2025.

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