Net Pessimism Returns – But Only Just - BNZ Survey
Net Pessimism Returns – But Only Just
Our monthly survey of BNZ Weekly Overview readers has found a net 2% expect the economy will be worse in a year’s time. This is a decline from a net 7% positive last month and 36% net optimistic two months ago. However confidence remains above the six year average of -9% and considering the seriousness of concerns in Europe either reflects the fact that few respondents feel NZ is at risk from those events – or that euphoria following the Rugby World Cup is continuing!
For more, see: Results_November_8.pdf