NZealand business confidence waning

By Xinhua News Agency

Apr 10, 2024 12:23 am

WELLINGTON: New Zealand Institute of Economic Research's latest Quarterly Survey of Business Opinion indicated on Tuesday the post-election bounce in business confidence and activity seen in the final quarter of last year was short-lived.

A net 24 percent of businesses in the March quarter expected a deterioration in the general economic outlook over the coming months on a seasonally adjusted basis.

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