BNZ Monthly Survey Results March 10 2008

Monday, 10 March 2008, 1:00 pm
Press Release: Bank of New Zealand

Please find attached the results of our monthly survey of the confidence of Weekly Overview readers. There has been a further deterioration in sentiment with a net 62% of respondents expecting the economy to get worse over the coming year from 46% in February and a net 2% expecting an improvement back in October 2007. Sentiment in the residential real estate sector is especially dire with two pages of negative anecdotes, while stress is apparent in sheep and beef, foresty and Kiwifruit.

See... Results_Mch10.pdf

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