New Zealand NZIER Business Confidence falls 25% QoQ in Q1 2024

The New Zealand Business Confidence fell 25% QoQ in the first quarter of 2024 from a 2% decline in the Q4 of 2023, the Quarterly Survey of Business Opinion from the New Zealand Institute of Economic Research showed on Tuesday. Additional takeaways “Post-election bounce in business confidence and activity seen in the final quarter of last year was short-lived.

Another factor moving NZD is dairy prices as the dairy industry is New Zealand’s main export. High dairy prices boost export income, contributing positively to the economy and thus to the NZD. How do decisions of the RBNZ impact the New Zealand Dollar? The Reserve Bank of New Zealand aims to achieve and maintain an inflation rate between 1% and 3% over the medium term, with a focus to keep it near the 2% mid-point. To this end, the bank sets an appropriate level of interest rates.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

New Zealand's Business NZ PSI improves to 53.0 in February vs. 52.1 priorNew Zealand’s Business NZ Performance of Services Index (PSI) improved to 53.0 in February from the previous reading of 52.1, according to Business NZ on Monday.
출처: FXStreetNews - 🏆 14. / 72 더 많은 것을 읽으십시오 »

New Zealand business confidence weakens in Q1, think tank saysNew Zealand business confidence weakens in Q1, think tank says
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

New Zealand EV Market Seeks New Normal — Dips to 4.1%New Zealand EV market seeks new normal as it recovers from government policy changes which include a Road User Charge.
출처: cleantechnica - 🏆 565. / 51 더 많은 것을 읽으십시오 »