Business confidence partly recovered during the lull in Middle East hostilities, but uncertainty continues to weigh on firms' expectations for the economy, according to the latest NZ Institute of Economic Research's (NZIER) Quarterly Survey of Business Opinion (QSBO).

Business confidence partly recovered during the lull in Middle East hostilities, but uncertainty continues to weigh on firms' expectations for the economy, according to the latest…

Analysis - For a brief few weeks in the wake of the ceasefire in the Middle East, it felt as though New Zealand's economy might finally be catching a break.