NZ economy took off in Dec quarter, survey indicates

NZ economy took off in Dec quarter, survey indicates
Jan. 15, (BusinessDesk) – New Zealand’s economy surged in the December quarter to the best level since mid-2007, according to the Quarterly Survey of Business Opinion, which shows firms are more optimistic and output is increasing across the board. The survey, conducted by the New Zealand Institute of Economic Research (NZIER), shows a rebound in activity, particularly in Canterbury but also a “very good lift” in Auckland. The survey’s measure of business confidence rose to plus 19 percent in the December quarter from minus 1 percent in the p...