WELLINGTON, Oct 7 (Reuters) - New Zealand's business confidence in the third quarter worsened as inflation pressures intensified, a private think tank said on Tuesday.
A net 18% of firms surveyed expected general business conditions to improve compared with 22% optimism in the previous quarter, the New Zealand Institute of Economic Research's (NZIER) quarterly survey of business opinion (QSBO) showed.
(Reporting by Lucy Craymer in Wellington; Editing by Chris Reese)
((Lucy.Craymer@thomsonreuters.com [renju.jose@thomsonreuters.com];))
