Source: New Zealand Treasury:
The October update of the Treasury’s NZ Activity Index (NZAC) was released today.
Key points to note:
- Activity in October is around 1.4% up on same month last year.
- Most constituent indicators are above 2019 levels.
- The number of people receiving income support has been declining since August.
The next update of the NZAC, for November activity, is scheduled for publication on 11 December, subject to the timely arrival of the input data.
For more details, you’ll find the NZAC first up in this week’s Weekly Economic Update.
To access the data, visit the Stats NZ COVID-19 data portal.
Friday, 13 November 2020