New Zealand economic 'activity index' -6.5z% y/y in May (prior -19%)

Author: Eamonn Sheridan | Category: News

NZ Treasury's new activity indicator for the country's economy.

New Zealand Activity Index (NZAC)
  • a composite index that seeks to track movements in the New Zealand economy from month to month
  • summarises 8 monthly indicators of economic activity, covering consumer spending, unemployment, job vacancies, traffic volumes, electricity generation, business outlook, and manufacturing activity. 
NZ Treasury's new activity indicator for the country's economy.


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