Gross Domestic Product | China Inflation | Oil
Shaw and Partners Director Andrew Kelleher discusses the outlook for New Zealand’s second-quarter GDP, including Westpac and ANZ forecasts and the contribution from construction, wholesaling and agriculture. He considers the implications for the Reserve Bank’s OCR decisions, while warning that a prolonged Middle East conflict and Brent crude prices above US$100 could weigh on the economy. In addition, he reviews China’s rising producer and consumer inflation, driven partly by energy prices and a global memory-chip shortage. Then onto market figures.
