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New Zealand Q3 business confidence -53% (vs. -63% in Q2)

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... Read More
Posted: Oct 2 2023, 21:08
Author Name: forexlive
Views: 112539

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