New Zealand FinMin Robertson: There is more to the economy than one business confidence survey


New Zealand Finance Minister Robertson is out on the wires now, via Reuters, trying to downplay the negative impact of the poor NZ business confidence survey released earlier today.

Robertson noted that there is more to the economy than one survey.

His comments come after the New Zealand Institute of Economic Research (NZIER) Quarterly Survey of Business Opinion showed that the Q2 business confidence index tumbled to -20 versus -11 previous.

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