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Treasury Release : Monthly Economics Indicators July 2014
Treasury Release : Monthly Economics Indicators July 2014
The July Monthly Economic Indicators (MEI) was
published today on the Treasury Website at 2:00pm. The
report provides a summary of recent economic events.
The main points:
• July’s data releases showed that confidence in the economic outlook had slipped, export growth weakened and housing market activity slowed.
• Inflation remained moderate in the June quarter, but with spare capacity exhausted, price pressures are expected to intensify.
• The international economy showed
signs that growth has strengthened, while inflation is
rising in the major advanced economies apart from
Europe.
This month’s special topic looks at the
interaction between fiscal and monetary policy.
Read more at:
http://www.treasury.govt.nz/economy/mei/jul14
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