New Zealand monthly Monthly Economic Indicators for June 2016, from the NZ Treasury is out now
NZ Treasury say:
- Brexit was the main focus of international markets this month
- The impact of the UK's exit from the EU on the New Zealand economy is uncertain, but is not considered likely to be significant, at least in the short term
And, more (in very brief summary):
- March quarter real GDP growth was stronger than expected, driven by construction, tourism and services and underpinned by population growth
- The current account deficit narrowed, partly owing to an increase in the terms of trade that also supported nominal GDP growth
- Global market volatility escalated in early June with uncertainty around the speed of US monetary policy normalisation and at the end of the month with the 'Brexit' referendum
More here
NZD barely changed