A Solid Q1…and Q2

• We expect Q1 GDP grew 0.6%, despite drought
• Market anticipates 0.5% as does the RBNZ
• NZ PSI solid again, at 56.2, with jobs up at 53.6
• Consumer confidence robust in June
• RBNZ elects to add fuel to the housing bubble
• Current account deficit enjoying reprieve, for now

Read the full report: Market Research

 

BNZ