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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Business confidence weakest since March 2020: NZIER

Result grim reading for businesses facing stagflation-like conditions, ASB says.

Quarterly Survey of Business Opinion makes for "grim" reading.

Business confidence has continued to weaken in the June quarter, as cost pressures and higher interest rates add to an already difficult Covid-19 trading environment.

NZIER’s Quarterly Survey of Business Opinion (QSBO), released today, revealed a net 62% of businesses expect economic conditions to

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Jonathan Mitchell Tue, 05 Jul 2022
Contact the Writer: jmitchell@nbr.co.nz
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Business confidence weakest since March 2020: NZIER
General Business,
94705
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