According to the latest ChristchurchNZ Quarterly Economic Report, economic activity in Christchurch has continued to soften, although the city’s GDP growth is still outperforming the national average.

Selwyn’s economy shows remarkable resilience in the face of economic headwinds, according to recent Infometrics provisional GDP estimates.

SMEs’ expectations around New Zealand’s economic performance over the next 12 months have changed significantly compared to this time last year, and the financial health of businesses is also on the up – but cost pressures continue to cause concern, according to new data from MYOB’s Annual Business Monitor.

ChristchurchNZ recently released its Quarterly Economic Report, providing a snapshot of the Christchurch and Canterbury economy and how it compares to the rest of New Zealand. So what does this mean for local businesses?

Business Canterbury released the results of its March Quarterly Canterbury Business Survey, highlighting generally positive business confidence, but also some potential headwinds coming as the effects of rising costs and dwindling consumer demand bed in.

Selwyn businesses are expecting trading conditions to improve over the next six months, according to respondents in the latest Selwyn Business Survey.