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Monthly Economic Indicators for January 2019

The Monthly Economic Indicators report for January 2019 is now available on the Treasury website: https://treasury.govt.nz/publications/mei/monthly-economic-indicators-january-2019-html

Key points:

GDP grew 0.3% in the September quarter to be 3.0% higher over the year ended September compared to the previous year.

Indicators of activity for the December quarter point to a pickup in quarterly growth, with rises in confidence measures and solid residential building consents.

Global growth is slowing.

ENDS


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