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Ardern looks on helplessly as New Zealand hurtles toward recession

July 4, 2022 - 14:30 -- Admin

The latest batch of consumer confidence reports for New Zealand shows that Kiwis remain extremely depressed on the back of soaring inflation and interest rates. The ANZ-Roy Morgan’s consumer confidence index fell 1.8 points in June to 80.5 to be a touch above April’s record low: ANZ-Roy Morgan’s confidence composite gauge is also pointing firmly

The post Ardern looks on helplessly as New Zealand hurtles toward recession appeared first on MacroBusiness.

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