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July 2012 Monthly Economic Indicators - Treasury

Treasury release: July 2012 Monthly Economic Indicators (MEI)

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

• Domestic conditions are showing resilience.....despite a worsening global outlook as the euro debt crisis intensifies.
• Headline inflation is currently subdued, but underlying inflation is stronger and is expected to pick up in coming quarters.
• Global weather conditions could see a reversal of recent falls in commodity prices.
Read more at: http://www.treasury.govt.nz/economy/mei/jul12
Or click for Scoop PDF File

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