Monthly Economic Indicators November 2016

The November 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:

• Robust labour market and retail sales data point to solid third quarter GDP growth.

• An earthquake on 14 November caused some localised disruption to activity in central New Zealand but nation-wide impacts appear limited.

• Global financial market volatility increased in November, reflecting the unexpected change in the outlook for US economic policy in light of the presidential election.

Read more: http://www.treasury.govt.nz/economy/mei/nov16

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