Here is the summary from the NZ Treasury:
- 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
If you'd like more detail, there is plenty more from here.
Just to whet your appetite:
- This month's special topic discusses alternative proteins, artificial meats, and the implications for New Zealand's agricultural sector.
NZ Treasury, schooling us all in how to produce click bait …