All signs are pointing towards inflation going up - as the Middle East conflict causes business confidence to plummet. 

ANZ's latest Business Outlook survey shows most firms expect costs to increase as economic insecurity sets in. 

Most anticipate they'll raise prices in the next three months.

Retail and construction had the sharpest slides in confidence. 

Auckland Business Chamber Chief Executive Simon Bridges told Ryan Bridge after the tariffs last year, this feels like a sense of deja vu.

He says this survey was from early days of the war - so things will likely get worse.

All signs are pointing towards inflation going up - as the Middle East conflict causes business confidence to plummet.&nbsp;
ANZ's latest Business Outlook survey shows most firms expect costs to increase as economic insecurity sets in.&nbsp;
Most anticipate they'll raise prices in the next three months.
Retail and construction had the sharpest slides in confidence.&nbsp;
Auckland Business Chamber Chief Executive Simon Bridges told Ryan Bridge after the tariffs last year, this feels like a sense of deja vu.
He says this survey was from early days of the war - so things will likely get worse.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Simon Bridges: Auckland Business Chamber Chief Executive on business confidence slumping amid oil shock

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/523f7d3d-a65e-4792-8d20-b41e011e036b/transcript