New Zealand Business Confidence Falls Amid Rising Inflation Pressures

A think tank reports worsening sentiment in Q3 as inflation concerns weigh on New Zealand businesses.

Summary

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Terms & Concepts
  • Business Confidence: An economic indicator measuring the level of optimism or pessimism that business managers feel about the prospects of their companies and the economy.
  • Inflation: The rate at which the general level of prices for goods and services rises, eroding purchasing power.