Australian business conditions fell in the first quarter, while confidence remained in the negative territory despite an improvement, according to a survey by National Australia Bank (NAB) released on April 17.
The business conditions index fell 1 point to positive 2 points. All three sub-components declined.
By industry, conditions deteriorated most in mining, transport and utilities, financial, property and business services, and wholesale, per the report. Retail conditions improved but remained negative.
Meanwhile, the confidence index improved 1 point to negative 4 index points. Confidence among retailers nearly touched the positive territory after a significant improvement during the period.
Other forward-looking indicators, such as capital expenditure plans, declined in signs that businesses remained cautious during the first quarter, NAB said.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。