Lacklustre recovery - Quarterly Survey of Business Opinion, June 2012

10 July 2012

Two speed: Canterbury rebounding; stagnation elsewhere  

NZIER’s Quarterly Survey of Business Opinion (QSBO) shows economic activity remained lacklustre in the June 2012 quarter. Firms became pessimistic (-1% from 21%) but experienced trading activity edged up (1% from 0%) on a seasonally adjusted basis. This is consistent with annual economic growth of around 2%.

Full details of the QSBO are only available to NZIER members.

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