Business confidence dip

Business confidence dipped in August's National Bank Business Outlook survey.

A net 34.4 percent of those surveyed expected worse times over the year ahead, which is down from a net 47.6 percent in last month's survey.

The bank said the survey had a cautious tone but firms' own expectations were little changed, and this was encouraging.

A net 43.3 percent of firms expect better times ahead, which was little changed from the previous month.

"We're going to defer judgement on the implications of this month's results. Amidst the global upheaval there is much to ponder. Sensible heads are required," National Bank said.

The post global financial crisis recovery was never going to be shaped like a "martini glass".

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Spark NZ announces new receivables financing structure
December 22nd Morning Report
TRU - Commercial Opportunities for Western Europe and Middle East
GEN - General Capital Subsidiary Credit Rating Update
Fonterra updates 2025/26 season Farmgate Milk Price
FRW - Acquisition of VT Freight Express
PaySauce Opens $1m Share Purchase Plan
December 17th Morning Report
RUA - Successful rights offer is oversubscribed
Steel & Tube - Shareholder Newsletter - December 2025