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New Zealand data: Q2 business confidence -63% vs. -66% in the prior quarter

Quarterly Survey of Business Opinion (QSBO) from the New Zealand Institute of Economic Research (NZIER)The twin headlines are confidence and acidity:Business confidence in Q2 comes in at -63%prior -66%Business Own Activity comes in at 13%Also, Capacity Utilization comes in at 81.7%prior 94%NZIER adds "cost pressures for firms intensified over the June quarter compared to the previous quarter. Meanwhile, the proportion of firms which increased their prices remained roughly the same. But with a we... Read More

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Zealand

Data

Business

Confidence

63

66 Prior

Quarter

Forex

Posted: Jul 3 2023, 22:00

Author Name: forexlive

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