65% of Auckland businesses report negative business confidence, with 65% expecting NZ's economic decline and 55% experiencing revenue decrease.
65% of Auckland businesses in a recent confidence survey reported negative business confidence, up from 52% last quarter. 65% expect a continuation or decline in NZ's economic performance over the next 12 months, with 55% experiencing revenue decrease compared to last year. 77% anticipate costs to rise over the next 12 months, while 64% have increased or plan to increase costs to adapt to the new normal.
May 26, 2024
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