Monthly Economic Indicators March 2015

Monthly Economic Indicators March 2015

The March Monthly Economic Indicators (MEI) was published today on the Treasury Website at2:00pm. The report provides a summary of recent economic events.

The main points:

• Real GDP rose 0.8% in the December quarter, the same as Treasury’s HYEFU forecast

• Partial indicators for 2015 remain consistent with a solid growth outlook

• Nevertheless, the domestic inflation outlook remains weak with the RBNZ reaffirming their on hold policy stance in the March Monetary Policy Statement

The Special topic this month is ‘March 2015 Business Talk’, a summary of Treasury’s consultation with businesses on the economic outlook

Read more at: http://www.treasury.govt.nz/economy/mei/mar15

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