Economy Watch Interest.co.nz / Podcasts NZ, David Chaston, Gareth Vaughan, interest.co.nz
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- Business
We follow the economic events and trends that affect New Zealand.
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Economic prospects hesitate, suggest a shift lower
China PMIs weaken. US PCE inflation unchanged. US housing weakens. Far-right makes gains in France. Freight rates rise again.
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James Foster - the New Zealand EV, or 'batteries on wheels', scene
EVDB's James Foster on what's required for the next big move in electric vehicle uptake
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Global food stress low
US new house sales weak. Japanese yen falls further. Indian rupee unusually stable. China lets yuan slip. Aussie CPI surprises with rise. Food price signals sanguine.
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Doubts remain in the US & Canada that inflation is beaten yet
May data in US ok, but June data eases. Canada CPI doesn't fall as expected. South Korea sentiment rises, stays low in Australia.
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Eyes on some big risks
Eyes on non-bank systemic risks. China plans large financial rescue capability. Taiwan industrial production jumps. Lithium price falls. Bitcoin drops.
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China's investment momentum slows fast
Investment retreats in China confirm tough outlook. Japan and India make gains. US PMIs rise while their housing market stays stunted.