We're not out of the woods yet, says BusinessNZ

China's subdued growth forecast doesn't bode well for NZ. (Image: Getty)

Thu, 21 Mar 2024

Business confidence is close to a decade high, but it will be “a long journey” before economic growth rates really start to improve, says peak lobby group BusinessNZ.The latest BusinessNZ planning forecast, released on Thursday, said the economy faced ongoing headwinds with respect to growth prospects, with geopolitical risk in the international environment and governmental constraints domestically.It even suggested that December’s consumer price index (CPI) results had given “a little bit of false hope” as low tra...

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