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24 Apr 2024 11:57
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      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.

    © 2024 Newstalk ZB, NZCity

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    BUSINESS BUSINESS
    Job growth in the small business sector is a positive sign, despite uncertainty in the market More...


     Today's News

    		 Soccer:
    Arsenal's heaped pressure on chasers Liverpool and Manchester City with a 5-nil Premier League drubbing of Chelsea at the Emirates 11:47

     Entertainment:
    Candace Cameron Bure "can't wait" to become a grandmother 11:33

     Rugby:
    The Crusaders players are rallying around Rob Penney as the external pressure intensifies over his coaching future 11:27

     Health & Safety:
    An investigation's concluded a rat foot reportedly found in garlic bread - must have been introduced in the home 11:07

     Entertainment:
    Christina Hendricks has married George Bianchini 11:03

     Law and Order:
    Key moments from Donald Trump's 'hush money' trial as a 'tabloid king' testifies about burying stories 10:47

     General:
    Dame Lisa Carrington spearheads the New Zealand women's canoe sprint team for the Paris Olympics, as she bids to add to her six medals 10:47

     Entertainment:
    Mel B has teased another Spice Girls reunion 10:33

     Christchurch:
    A person's died at a farm in North Canterbury 10:27

     Accident and Emergency:
    A Police search continues for a fisherman who fell from their boat off the Waikato coast yesterday 10:07

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