New Zealand Treasury: Business confidence seems to have stabilized, trade tensions hurt global growth prospects

The business confidence eased further in the September quarter, but seems to have stabilized, New Zealand Treasury's report of monthly economic indicators released a few minutes before press time showed.

Key points

Global growth prospects eased amid continued trade tensions.

Annual inflation rose to 1.9 percent in the September quarter, driven by higher fuel prices.

This month's special topic investigates household balance sheet developments.