Economic Commentary
Data released this morning show that the NZ economy grew by 0.6% over the March quarter (helping deliver the 22,000 jobs growth reported many weeks ago) following growth of 0.9% in the December quarter, 0.3% in the September quarter, and just 0.1% in the June quarter of last year.
Economic Comment
BNZ Weekly Overview From Tony Alexander - Chief Economist, BNZ
Data released this morning show that the NZ economy grew by 0.6% over the March quarter (helping deliver the 22,000 jobs growth reported many weeks ago) following growth of 0.9% in the December quarter, 0.3% in the September quarter, and just 0.1% in the June quarter of last year.
NZ dollar tops US71.50c for first time in five weeks
The New Zealand dollar topped US71.50c against the greenback for the first time in more than five weeks after China's vow to allow a flexible yuan rekindled optimism about global recovery.
BNZ Weekly Overview From Tony Alexander - Chief Economist, BNZ
I’m two-thirds of the way through my annual three day stint at National Farm Fieldays at Mystery Creek near Hamilton, and apart from the setting being completely different from that of three weeks ago in London, Brussels, and Hong Kong,
NZ dollar rises vs greenback, yen
The New Zealand dollar rose against the greenback and yen, as successful government bond sales by some of the weakest members of the euro zone eased fears about Europe's debt problems. By 8am the kiwi was buying
Positive comments dominate
A net 26% of respondents expect the NZ economy to improve over the coming year, down from 34% in May and a peak of 56% in September. While positive comments dominate there were many
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