{"id":63565,"date":"2025-08-12T08:54:07","date_gmt":"2025-08-12T08:54:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/63565\/"},"modified":"2025-08-12T08:54:07","modified_gmt":"2025-08-12T08:54:07","slug":"australian-data-july-business-confidence-7-vs-prior-5","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/63565\/","title":{"rendered":"Australian data &#8211; July business confidence 7 (vs. prior 5)"},"content":{"rendered":"<p data-v-64ab016d=\"\">National Australia Bank Business Survey for July 2025<\/p>\n<p data-v-64ab016d=\"\">Business confidence rises to 7, a three-year high<\/p>\n<p>strength in services and constructionprior 5<\/p>\n<p data-v-64ab016d=\"\">Business conditions fall to 7<\/p>\n<p data-v-64ab016d=\"\">Some of the sub measures:<\/p>\n<p>business sales 11 in July, from 8 priorprofitability 2, prior 4employment 1, from 4 priorquarterly growth in retail<br \/>\nprices 1.1% in July, from 0.5% in Juneproducer prices rose 0.9%<\/p>\n<p data-v-64ab016d=\"\">NAB comment on their report, in brief:<\/p>\n<p>&#8220;Overall, the survey points to an improvement in activity<br \/>\nthrough Q2 and suggests that the worries globally have not<br \/>\nmaterially influenced local hiring and investment decisions&#8221;&#8221;Generally, the services sectors, both consumer facing and<br \/>\nfor businesses, are stronger while retail and wholesale remain<br \/>\nweaker.&#8221;<br \/>\n    &#8220;The survey is consistent with improving economic growth,<br \/>\nalthough still highlights the challenges around cost pressures<br \/>\nfaced by many businesses&#8221;<\/p>\n<p data-v-64ab016d=\"\"> Price indicators in the survey pointed to pockets of ongoing<br \/>\ninflationary pressures. Notably, quarterly growth in retail<br \/>\nprices accelerated to 1.1% in July, from 0.5% in June, while<br \/>\nproducer prices rose at a 0.9% pace.<br \/>\n    &#8220;The survey is consistent with improving economic growth,<br \/>\nalthough still highlights the challenges around cost pressures<br \/>\nfaced by many businesses,&#8221; said Auld.<\/p>\n<p data-v-64ab016d=\"\">&#8212;<\/p>\n<p data-v-64ab016d=\"\">Still ahead, I&#8217;m expecting a &#8216;hawkish cut&#8217; from the Reserve Bank of Australia today:<\/p>\n","protected":false},"excerpt":{"rendered":"National Australia Bank Business Survey for July 2025 Business confidence rises to 7, a three-year high strength in&hellip;\n","protected":false},"author":2,"featured_media":63566,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[40911,45,49,48,46],"class_list":["post-63565","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-australian-business-confidence-conditions","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/63565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=63565"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/63565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/63566"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=63565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=63565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=63565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}