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Small lift in economy optimism

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Small lift in economy optimism

By: Natasha Burling | Business News | Tuesday October 9 2012 9:15

 

Things are looking a little rosier in the business world.

There's been a small lift in optimism about the economy in the latest Bank of New Zealand Confidence Survey, for the fourth month in a row.

A net 20 percent of respondents expect the economy to be better 12 months from now, compared to 17 percent in September.

BNZ is not interpreting the upward movement as a signal the economy is about to embark on an employment and investment-driven surge.

However, it says reasonable growth above two percent remains on the cards.

Photo: NZ Herald

 

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economy | optimism |

 

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