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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
3 mins to read

Rural confidence improves as inflation and interest rates fall

Rabobank survey highlights greener pastures for the country's farming sector in positive territory since late 2021.

Farm confidence improved to a net positive reading of +3%, from -25% in the previous survey.

Farmers are the most upbeat they’ve been in nearly three years, as higher commodity prices and lower interest rates put the rural economy back on track for better times.

The latest Rabobank Rural Confidence Survey today reported confidence in the broader rural economy back at ‘net positive’

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Jonathan Mitchell Tue, 17 Sep 2024
Contact the Writer: jmitchell@nbr.co.nz
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Rural confidence improves as inflation and interest rates fall
Economics,
105865
true