News | Business
10 Aug 2022 13:16
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    A clear signal for the Reserve Bank out of the latest survey on business confidence

    A clear signal for the Reserve Bank out of the latest survey on business confidence


    NZIER's latest Quarterly Survey of Business Opinion shows a net 62 percent of businesses expect a deterioration in economic conditions ahead.

    It's the weakest level since March 2020.

    Principal Economist Christina Leung says we're seeing uncertainty around the impact of high interest rates, as well as an intensification of inflation pressures.

    She says nothing in today's report should dissuade the Reserve Bank from its projected aggressive path of monetary policy tightening.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     10 Aug: Retail spending is continuing to take a hit, as fuel and food prices continue to rise
     10 Aug: A supermarket has become the latest target of a smash and grab in Auckland
     10 Aug: Spark has been issued a warning from the Commerce Commission and ordered to pay more than 15-million dollars in refunds to customers
     09 Aug: First home buyers can expect a market lull soon
     09 Aug: Retail card spending fell 11-million-dollars between June and July this year
     09 Aug: People are being urged to check their insurance options, as premiums continue to rise
     09 Aug: Food prices are set to keep rising
     Top Stories

    RUGBY RUGBY
    All Blacks captain Sam Cane is defending his side's opening defeat to the Springboks as they prepare for the second test on Sunday morning at Ellis Park More...


    BUSINESS BUSINESS
    Retail spending is continuing to take a hit, as fuel and food prices continue to rise More...



     Today's News

    Entertainment:
    Ezra Miller has been charged with felony burglary in Vermont 12:49

    Education:
    A Northland school principal says attendance over the past two years has been diabolical 12:49

    Health & Safety:
    Te Whatu Health NZ is being urged to adopt a new model to ease the workforce crisis 12:29

    Entertainment:
    Rosie O'Donnell spilled all "the dirt" about the onset 'A League of Their Own' drama to the cast of the television series inspired by the movie 12:19

    International:
    Fiji Reserve Bank releases 88-cent numismatic banknote with Chinese wealth and fortune imagery 12:19

    Cricket:
    New Zealand Cricket boss David White is paying tribute to bowling stalwart Trent Boult who is winding down his international career 12:09

    Entertainment:
    Jacob Elordi almost didn't prepare his social media in time for 'The Kissing Booth' release 11:49

    Accident and Emergency:
    A South Island pilot killed in a light plane crash last week has been remembered as the best father.. 11:49

    Rugby:
    All Blacks captain Sam Cane is defending his side's opening defeat to the Springboks as they prepare for the second test on Sunday morning at Ellis Park 11:29

    Entertainment:
    Kim Kardashian is furious with Kanye West after he mocked her breakup with Pete Davidson, say a source 11:19


     News Search






    Power Search


    © 2022 New Zealand City Ltd