Subscribe To
New Zealand business confidence fell even more in Q4: -70% vs. -42% prior
NZIER Quarterly Survey of Business Opinion (QSBO).
NZIER main points from the report:
- net 73 percent of businesses expect general economic conditions to deteriorate over the coming months – the weakest over the survey’s history (ie since 1974)
- activity in their own business, a net 13 percent of firms reported a decline in activity over the past quarter. This was the weakest since June 2020 survey when the full impact of the first COVID-19 lockdown was captured
Posted: Jan 16 2023, 21:03
Author Name: forexlive
Views: 102273