Businesses more pessimistic in face of Covid-19 uncertainty
NZIER survey shows net 34% of firms expect general economic conditions to worsen.
More businesses than not expect to raise prices over the next three months, putting further pressure on the Reserve Bank to continue to raise interest rates to keep inflation in check.
In NZIER’s quarterly survey of business opinion (QSBO) for the December 2021 quarter more than half the
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