BNZ Business Overview
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Retail spending jumped firmly during the June quarter but the 8% annualised pace of growth is unlikely to be sustained. The good data however, in conjunction with some better than expected numbers in the UK, Europe, China and the United States have pushed up both the NZD this week as well as fixed borrowing costs. The latter are on a multi -month uncertain oscillation upward which borrowers should be keeping a close eye on ... READ MORE
Released by BNZ - August 2013