Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

November 2012 Monthly Economic Indicatiors (MEI)

Treasury release: November 2012 Monthly Economic Indicatiors (MEI)


The November Monthly Economic Indicators (MEI) was published on the Treasury Website today at 2.00pm. The report provides a summary of recent economic events.

The economy appears to have slowed in the second half of the year, following on from a strong first half.
September quarter retail sales and labour market data surprised on the downside,
although the underlying picture is not quite as weak as the headline results suggest.
The slowdown should be temporary, with the December quarter likely to rebound
slightly and indicators pointing to a further pickup in 2013.
There were positive global developments, but the economic outlook remains weak.


Read more at: http://www.treasury.govt.nz/economy/mei/nov12


ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Official Cash Rate Unchanged At 1.75 Percent

Global economic growth has increased and become more broad-based. However, major challenges remain with on-going surplus capacity and extensive political uncertainty... More>>

Kaikōura Earthquake: Private Insurers Receive $1.8b Claims

Insurance Council Chief Executive Tim Grafton said most is for commercial loss at $1.36 billion, with residential claims amounting to over $460 million. “...We have a high level of confidence that most people will have received settlement offers by the end of this year." More>>

ALSO:

Forms And Data: New Proposals To Simplify Personal Income Tax

The Government is proposing to make tax simpler for individuals, with people whose only income is from a salary, wages or investments no longer being required to file tax returns to receive tax refunds or to calculate any additional tax. More>>