Quotes from Scotiabank:
- New Zealand's real GDP increased by 3.1% y/y in the third quarter of 2013, a marked pick-up from the average growth of 2½% in the first half of the year. Activity was underpinned by sound household spending and investment.
- Buoyant consumer and business confidence together with improving labour market conditions - the unemployment rate declined to 6.2% in Q3 from a recent peak of 7.2% a year earlier - indicate that domestic demand momentum will be maintained through the coming quarters.
- New Zealand's sound domestic demand combined with persistently high house price inflation will likely cause increasingly evident upside pressure on consumer prices in the coming months. This is triggering the Reserve Bank of New Zealand (RBNZ) to signal a monetary tightening bias.
Bisa saya simpulkan bahwa Perkembangan ekonomi di Selandia Baru mulai ada sinyal baik, ini di tandai dengan menurunnya rate pengangguran di sana.
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