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Hot Topic Reporting season
Hot Topic Reporting season
Economics
3 mins to read

Gloom remains as interest rates start to bite economy

NZIER’s quarterly survey shows a net 42% of businesses pessimistic about the outlook.

Pessimists still outnumber optimists in business community.

Businesses remain pessimistic about the economy but are starting to see some light at the end of tunnel.

The NZ Institute of Economic Research’s quarterly survey of business opinion showed a net 42% of businesses expect the economy to deteriorate over the coming months.

That September quarter

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Gloom remains as interest rates start to bite economy
Economics,
96013
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