New Zealand Treasury – consumption growth moderated in Q4 2016

The latest monthly economic indicators (MEI) report from New Zealand Treasury takes note of the softer private consumption growth in the December quarter following a strong performance earlier.

The report also talks about risks associated with the political uncertainty and the moderation in the dwelling consents and prices.

The positive points are – International visitor arrivals at record highs in Jan 2017, upbeat outlook for trading partners.