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flag New Zealand businesses see declining confidence, but local surveys show pockets of optimism.

flag New Zealand's business confidence has declined for the third straight month, according to the ANZ Business Outlook Survey, with confidence falling to +37 and expected activity to +35. flag Despite these drops, ANZ's chief economist, Sharon Zollner, noted the economy is recovering, though businesses face challenges in cost recovery and trade policy uncertainty. flag Meanwhile, a separate survey from Rotorua shows increased local business confidence, with a focus on improving air connectivity and fostering growth.

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