Plan for a moribund economy, says BusinessNZ

Tue, 18 Sep 2012

Sept 18 (BusinessDesk) - More evidence is emerging that the New Zealand economy remains stuck in a subdued, low-growth pattern, with BusinessNZ’s September Planning Forecast report showing the economy is "more or less stagnant." While food and other soft commodities are not taking the hammering being experienced by minerals, the high New Zealand dollar and the fall-off in growth in Asia, particularly China, means businesses should plan for more of the same uncertain conditions, the business lobby's economist John Pask says. Based on numerous...

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