Search ForexCrunch

New Zealand’s (NZ) Treasury is out with its monthly economic  indicators  report, with the key highlights found below.

Weak domestic business confidence  and  global concerns  weigh on GDP growth prospects.

Household confidence remains resilient, supporting consumption outlook.

Fuel, food and rent drive consumer price inflation.

Ongoing  trade uncertainty  weighed on global business activity in the June quarter.

Global consumer spending holds up, supported by rising wages and solid labor markets.