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29 Mar 2024 5:11
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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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     Today's News

    Law and Order:
    A person's dead and another in hospital after a violent incident at a sushi shop in Auckland's Browns Bay 5:07

    Business:
    The Government's made a new pay offer to Police 21:57

    Entertainment:
    Lily Allen was introduced to Mila Kunis and Ashton Kutcher as Rita Ora - and was too mortified to disclose who she really was 21:53

    Entertainment:
    Mel B's fiance visited her father's grave to "ask permission" to propose to her 21:23

    Accident and Emergency:
    State Highway 6 is blocked by a serious crash, South of Lake Paringa in the South Island's Tasman region 21:17

    Accident and Emergency:
    State Highway One is has now reopened between Kaikoura and Riverlands - after a two-vehicle collision at Kekerengu, north of Kaikoura, this morning 21:17

    International:
    Shopper swallowed as shopping mall floor collapses in eastern China 21:07

    Entertainment:
    Kris Jenner won't spend quality one-on-one time with her grandchildren because it would cost her too much time and money 20:53

    Entertainment:
    Halle Berry's perimenopause symptoms were mistaken for herpes 20:23

    Entertainment:
    Keke Palmer wants 10 kids 19:53


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