(Bloomberg) -- New Zealand's economy probably expanded
at the fastest pace in almost two years in the first quarter as
consumer spending and commercial construction accelerated,
increasing the chances the central bank will raise interest rates.
Gross domestic product increased 1 percent from the fourth
quarter, when it rose 0.8 percent, according to the median estimate
of 13 economists surveyed by Bloomberg News. Statistics New Zealand
releases the growth report at 10:45 a.m. on June 29 in Wellington.
Read more at Bloomberg Bonds News
at the fastest pace in almost two years in the first quarter as
consumer spending and commercial construction accelerated,
increasing the chances the central bank will raise interest rates.
Gross domestic product increased 1 percent from the fourth
quarter, when it rose 0.8 percent, according to the median estimate
of 13 economists surveyed by Bloomberg News. Statistics New Zealand
releases the growth report at 10:45 a.m. on June 29 in Wellington.
Read more at Bloomberg Bonds News
No comments:
Post a Comment