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New Zealand Q3 business confidence -53% (vs. -63% in Q2)
The New Zealand Institute of Economic Research (NZIER) Quarterly Survey of Business Opinion (QSBO).Business confidence improved a little but is still deeply negative53% of businesses expect a worsening in general economic conditions over the coming monthswas -63% in Q2Main points from the NZIER report:Demand remains softsharp easing in labour shortagesThese developments suggest that higher interest rates are starting to dampen demand in the New Zealand economyeasing in capacity pressures more br...
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Posted: Oct 2 2023, 21:08
Author Name: forexlive
Views: 112539