AUSTRALIA BUSINESS CONFIDENCE IMPROVES IN JANUARY
AUSTRALIA BUSINESS CONFIDENCE IMPROVES IN JANUARY
NAB January 2025 business survey shows confidence at +4 (prior -2).
Business conditions at +3, down from prior 6.
Sales and profits declined (sales -4, profits -2).
Labour costs up 1.8% quarterly.
Purchase cost growth slowed to 1.1%.
Retail prices rose 0.9% quarterly.
Capacity utilization fell to 82.0% from 82.7%, indicating slight economic slack.
