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Economist explains ‘confusion’ over economy ‘doing well’ despite low business confidence – Newshub

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Economist explains ‘confusion’ over economy ‘doing well’ despite low business confidence – Newshub

A sustained increase in the price of goods and services in New Zealand is putting pressure on businesses and pushing confidence down, despite the economy “doing well”. 
That’s why the Reserve Bank dropped the Official Cash Rate (OCR) to 1 percent in August a…

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