The Quarterly Survey of Business Opinion from the New Zealand Institute of Economic Research is due July 3
Business confidence has come into focus in NZ as it continues to fall. most recently:
Today's data will thus be closely watched for any deterioration
NZIER Quarterly Survey of Business Opinion
- Due at 2200GMT
- Survey has been conducted since 1961 - New Zealand's longest-running business opinion survey
- Surveys 4000+ firms
- each are asked about whether business conditions will deteriorate, stay the same, or improve
The previous survey showed business 'downbeat':
- Continued weak profitability … businesses are not optimistic this will improve
- Cost pressures have intensified, and businesses have not been able to fully pass these on in the form of price increases
More from the prior results here at NZIER's Media release
