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BNZ Markets Outlook - Hope versus Reality

Tuesday, 10 February 2009, 10:18 am
Press Release: Bank of New Zealand

BNZ Markets Outlook - Hope versus Reality

Hope versus Reality
- Housing market dynamics remain net negative
- Jan's ECT data will test spending hopes, Wednesday
- With Friday's December/Q4 retail likely mixed
- Thursday's PMI an area of vulnerability
- NZ CPI relief foiled by resurging fuel prices
- Will January's food prices be another frustration?

Read full Analysis:

http://img.scoop.co.nz/media/pdfs/0902/BNZMO_090209.pdf

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