Business confidence collapses as Iran war drags on
Meanwhile, the central bank will look through the immediate ‘mayhem’ as inflation set to rise because of oil shock, says Amova’s Fergus McDonald.
ANZ’s latest monthly pulse showed firms’ confidence fell 26 points in March, down from 59 to 33.
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Business confidence has collapsed and forward-looking economic indicators have shifted as Kiwi firms fret over the ongoing Iran conflict.
ANZ’s latest monthly survey showed firms’ confidence fell 26 points in March, down from 59 to 33.
Closely-watched inflation indicators were much higher, with
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