Will the business and consumer confidence good mood last?

Will the business and consumer confidence good mood last?
It all depends on inflation. (Image: Getty)
Rebecca Howard
The latest business and confidence surveys indicate the mood is brighter, but will it last? Pain from the rising cost of living doesn’t look to be abating, with annual inflation at 6.7% and billions of dollars of mortgages about to re-fix at significantly higher interest rates.“It’s great to see the improvement in business and consumer confidence, although it is still very soft, and we are not out of the woods,” said Jarrod Kerr, chief economist at Kiwibank. “Very restrictive monetary policy is still work...

More Economy

Business confidence nixes July RBNZ cut
Economy

Business confidence nixes July RBNZ cut

Economists say July is a pause, not the end point.

Rebecca Howard 02 Jul 2025
Monthly CPI tech takes Stats NZ into the future
Economy

Monthly CPI tech takes Stats NZ into the future

Budget funding for new inflation-reporting tech is a giant leap forward, agency says.

Maria Slade 27 Jun 2025
Corporates think NZ 's on the up: Forsyth Barr
Primary Sector

Corporates think NZ 's on the up: Forsyth Barr

The Pulse of NZ Business survey found construction and retail continue to lag.

Gregor Thompson 25 Jun 2025