New Zealand finance minister English: NZ growth potential may be higher than thought

New Zealand finance minister English:

• NZ growth potential may be higher than thought

Headlines on Bloomberg

This in the wake of the strong GDP result earlier: New Zealand Q3 GDP: +1.0% q/q (vs. expected is +0.7%)

More from English:

• NZ has solid economic growth
• More employment
• Higher wages
• Few pressures on inflation

“This suggests New Zealand’s economic growth potential before inflation sets in, essentially the speed limit of the economy, is higher than expected previously”