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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
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