Plunging business confidence in New Zealand has been, and continues to be, a key concern for policy makers.
And it does not seem to be improving. According to NZ's Wellington Regional Chambers of Commerce and Business Central latest survey a net negative 23% of business respondents across central New Zealand expect the national economy to worsen in the coming12 months. Compared with
- net negative 20% in the June survey
- a net negative 8% in March
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Not a kiwi $ mover but something to note.