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Treasury Release : Monthly Economic Indicators May 2015
Treasury Release : Monthly Economic Indicators May 2015
The May 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:
• March quarter employment and
retail trade data reveal strong domestic demand at the start
of 2015.
• The resurgent Auckland housing market
prompts housing policy initiatives from the RBNZ and the
Government.
• Inflation expectations appear to
have stabilised at a relatively low level, while other
inflation indicators suggest inflation will remain low in
the near term.
The special Topic this month looks at: Comparing the economic and fiscal outlook - Australia and New Zealand.
This special topic summarises the economic and fiscal outlooks presented in the two Budgets.
Read more at: http://www.treasury.govt.nz/economy/mei/may15
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