NZ Treasury report: Economic expansion persisting at a solid pace

Dhwani Mehta FXStreet

The New Zealand Treasury team is out with its latest monthly economic indicators report, highlighting the following:

Overall, recent data and business surveys point to economic expansion persisting at a solid pace in the March and June quarters

Annual consumer price inflation picked up to 2.2%, as underlying price pressures continue to build

Geopolitical risk creates market volatility with elections in Europe

Economic indicators released in April suggest the economy expanded at a reasonable pace in the first quarter of 2017 and that underlying momentum will persist into the second quarter.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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