Business confidence survey raises questions about V-shaped recovery
NZIER says its survey points to a smaller-than-expected drop in economic activity in the June quarter.
NZIER’s quarterly survey of business opinion confirms economic activity fell sharply in the three months to the end of June but not by as much as expected.
In its survey, a net 37% of businesses reported a decline in their own trading activity, the lowest level since March 2009. The
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