* A fiscal surplus for pork-barrel politics
* Tuesday’s QSBO to indicate above-trend growth
* So mind its capacity/cost/price gauges
* Fed’s Evans talks unconventional spill-overs
* Delays in US data, RBA rate cut expectations
The key economic report for New Zealand this week will be Tuesday’s Quarterly Survey of Business Opinion (QSBO), as compiled and published by the NZ Institute of Economic Research. We expect it will be clearly stronger than it was last quarter. As such, it should be consistent with the economy moving well into above-trend growth, increasing pressure on supply as it does so.
Read the full report: Market Research
BNZ