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Confidence Almost Disappears
Confidence Almost Disappears
Our monthly BNZ Confidence Survey sent out last Thursday night and largely answered on Friday has revealed a sizeable decline in optimism about the strength of the economy in a year’s time.
Only a net 6.9% of the 391 respondents expect improvement, down from 36.3% in September.
The latest result is thelowest since immediately after the February 22 earthquake and continues a downward trend in place since the record level of sentiment recorded in June.
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