Monthly Economic Indicators report August 2018

Monday, 3 September 2018, 4:13 pm
Press Release: New Zealand Treasury

Monthly Economic Indicators report August 2018

The Monthly Economic Indicators report for August 2018 is now available on the Treasury website: https://treasury.govt.nz/publications/mei/monthly-economic-indicators-august-2018-html

Key points:

• Solid retail sales growth to underpin private consumption growth in the June quarter
• RBNZ left the OCR at 1.75% in August and forecast no change until 2020
• Less support for growth from easing net migration inflows and declining commodity prices
• Global growth remains solid but rising trade tensions are a threat

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Monthly Economic Indicators report August 2018

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