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October 2013 Monthly Economic Indicators

October Monthly Economic Indicators

The October Monthly Economic Indicators (MEI) was published today on the Treasury Website at 2:00pm. The report provides a summary of recent economic events.
The main points:
- Consumer price inflation rises to 1.4% on higher fuel prices and seasonal increases in vegetable prices...
- ...bank lending restrictions and the recent appreciation of the exchange rate may restrain future increases in inflation
- Business sentiment remains buoyant and other indicators of activity support the positive outlook
- US fiscal uncertainty drives market volatility
The special topic this month is : Fiscal Consolidation in Advanced Economies


Read more at: http://www.treasury.govt.nz/economy/mei/oct13

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