Why the mood is up, but momentum isn't? The state of Kiwi business
Cost pressures have eased but remain elevated. All the while firms' pricing power has diminished. It’s a combination that continues to squeeze and hurt profitability. As Greg points out, the focus for many businesses is squarely on revenue. It’s clear that a sustained recovery in demand has yet to be seen. And it’s why we still advocate for more rate relief.
We also dive into business appetite towards investment & hiring, including the impacts of the Government’s ‘Investment Boost‘ scheme so far. Plus we cover the divergences in activity across sectors and regions.
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