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New Zealand’s Treasury Monthly Economic Indicators

The Forecasting and Monitoring team in New Zealand’s Treasury published its Monthly Economic Indicators (MEI) report for November 2018, with the key highlights found below.

The unemployment rate fell to 3.9% in the September quarter, but wage pressures remain subdued.

Retail sales volumes were flat in the September quarter.

Brexit-related uncertainty continued in November, adding to worries of a global growth slowdown.

Special topics summarise views from our HYEFU 2018 business talks and assess our forecast accuracy.

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