Economic Buzz: Australia NAB business confidence inches up to highest since January
13-May-2025
09:55
Australia's NAB Business Confidence Index rose to minus 1 in April 2025 from minus 2 in March, its best reading since January. Gains in manufacturing and services supported the rise, though business conditions eased due to weaker sales and profits. Capital spending dropped, capacity use declined, and cost pressures remained high with retail price growth accelerating.
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