New Zealand data – Q3 business cnfidence -1% (prior was -44%)

New Zealand data much improved.

Quarterly Survey of Business Opinion (QSBO) from the New Zealand Institute of Economic Research (NZIER)

Business confidence comes in at -1% in Q3

• prior -44%

more to come

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The QSBO is a closely-watched survey:

• is one of the country’s longest-running business surveys. It provides a insights into the business climate and economic conditions in New Zealand, and the factors influencing business sentiment, such as domestic and international economic conditions, government policies, and other external events.

• surveys businesses across various sectors
• gathers data on business confidence, demand, hiring intentions, investment plans, and other economic indicators
• QSBO findings can vary significantly from one quarter to another

This article was written by Eamonn Sheridan at www.forexlive.com.