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Treasury release: Monthly Economic Indicators March 2013

Treasury release: Monthly Economic Indicators March 2013

The March Monthly Economic Indicators (MEI) report has been released by the Treasury. The report provides a summary of recent economic events.

The key points are:
• Real GDP grew strongly in the December 2012 quarter, with broad-based growth, leading to solid performance for the NZ economy in the year as a whole.
• Indicators point to ongoing strength domestically, but the impact of the drought, while uncertain, will detract from growth in 2013.

There are two special topics this month:
• March 2013 Business Talks
• The economic impacts of the drought

The MEI is available online at: http://www.treasury.govt.nz/economy/mei/mar13

ENDS

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