Source: New Zealand Treasury:
In today’s weekly economic update:
- The COVID-19 curve has flat-lined in NZ, and all domestic restrictions have been lifted.
- Indicators of activity keep steady, though growth in Jobseeker numbers is rising again.
- Business confidence continues to recover, though forward-looking indicators remain weak.
- U.S. employment data surprise to the upside, though the OECD presents a dire global outlook.
To get the bigger picture, check out the latest Weekly Economic Update and COVID-19 Economic Dashboard on our Economic Commentary home page.
Friday, 12 June 2020