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27 Apr 2024 5:15
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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

    5 July 2022
    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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     Today's News

    		 Politics:
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     Business:
    Pressure's on the Government to deliver for people come Budget day 4:37

     Law and Order:
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     Environment:
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     Rugby:
    The Chiefs are preparing for a tough physical match-up, when they take on the Waratahs in Sydney 18:57

     Rugby:
    The Chiefs are confident they'll be able to get a result in Sydney tonight without captain Luke Jacobson 18:37

     Rugby:
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     Law and Order:
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     Rugby:
    The Crusaders coach isn't mincing his words about the Super Rugby Pacific champions' situation 16:58

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