...The survey (click title to entry - thnak you) comes in the same week as the New Zealand Institute of Economic Research's quarterly survey of business opinion, which is one of three key surveys measured by the Reserve Bank when determining monetary policy.
It showed the quake's impact was localised in Christchurch, with both sentiment and activity flat rather than negative around the rest of the country.
Still, the country's economic recovery had already stalled prior to the quake, narrowly dodging recession through the latter half of last year, and the temblor may have shaved as much as 1.5 per centage points from GDP growth, according to the Reserve Bank....
