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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
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