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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.

Last updated: 

Friday, 12 June 2020