RESEND: NZ business confidence knocked by pre-election jitters in third quarter

Mon, 02 Oct 2017

(Fixes repeat in headline) By Rebecca Howard Oct. 3 (BusinessDesk) - New Zealand firms' optimism about the economy fell in the September quarter on pre-election jitters, but companies still expect better times ahead. A seasonally adjusted net 7 percent of firms surveyed in the New Zealand Institute of Economic Research's quarterly survey of business opinion anticipate better economic conditions in the coming year versus 17 percent in the June quarter. “A decline in business confidence is not unusual heading into a general election,...

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