Recently Released Market Study: New Zealand Business Forecast Report Q1 2014
Strong activity indicators for the manufacturing and services sectors suggest that positive momentum is likely to help support the domestic economy through the next few months. That said, the rise in economic activity has led to a resurgence in external borrowing, which we see as a source of vulnerability that could threaten growth later in 2014 as momentum wanes. With the US and Europe showing signs of a recovery, the decline in demand for New Zealand assets could cause the...
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