‘Competing influences’ give RBNZ reason to ponder OCR track
Annual migration hits record high, while electronic card spending softens slightly ahead of OCR decision.
Illustration: Michael Hickmott.
Annual migration has hit a record high, while electronic card spending has softened, giving the RBNZ reason to ponder ahead of the official cash rate decision later this month.
Stats NZ data out today showed an annual net migration gain of 118,800 in the year ended September, with 237,100 migrant
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