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The latest round of Monthly NZ Tsy......>

NEW ZEALAND
NEW ZEALAND: The latest round of Monthly NZ Tsy Economic Inidcators has been
released:
- Mixed messages for growth as labour income continued to grow strongly but
retail card spending weakened.
- Risks to our growth forecasts are rising as the housing market cools, business
confidence weakens, and international trade tensions rise.
- Inflation remained subdued, but pressures appear to be gradually increasing.
- Strong growth in the US, offset by a weaker outlook for the rest of the world.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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