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March Monthly Economic Indicatiors (MEI)
The March Monthly Economic Indicators (MEI) was published on the Treasury Website today at 2.00pm. The report provides a summary of recent economic events.
• The economy is recovering slightly more strongly than forecast in the Half Year Update but the impact of the recession will continue to be felt for some time
• Economic growth expected to strengthen further in the year ahead, as reflected in higher confidence, although may be weaker in the current quarter
• Weak productivity growth in recent years may have implications for potential growth
• Read more at: http://www.treasury.govt.nz/economy/mei/mar10
ENDS
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