Wheeler likely to pause as economy shows unexpected strength
The slowdown the Reserve Bank and other forecasters were anticipating even six weeks ago now appears to be much more gentle than previous turns in the economic cycle.
Manufacturing and services data released over the past 10 days points to GDP growth of 3-3.5%.
That level of growth is not likely to happen in the next year. But it is a sign of the underlying strength of the New Zealand economy that it could even be signalled by some indicators right now.
But it
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Rob Hosking
Mon, 26 Oct 2015
Mon, 26 Oct 2015
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Wheeler likely to pause as economy shows unexpected strength
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