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General Business
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Business sentiment plunges to ‘dire levels’ – ANZ

The measure of firms’ view of their own prospects fell to near recessionary levels.

ANZ chief economist Sharon Zollner.

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The clouds hanging over the country’s business sector have got several shades darker, due to stubbornly high inflation and growing fears of a recession.

The ANZ Bank’s monthly survey of businesses shows a net 57.1% of respondents expect the broader economy will deteriorate this year, compared

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Nicholas Pointon Wed, 30 Nov 2022
Contact the Writer: nicholas@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Business sentiment plunges to ‘dire levels’ – ANZ
General Business,
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