首页 社会内容详情
NZ’s weak retail sales raise technical recession risk

NZ’s weak retail sales raise technical recession risk

分类:社会

网址:

SEO查询: 爱站网 站长工具

点击直达

欧博网址:(www.aLLbet8.vip),欧博网址开放会员注册、代理开户、电脑客户端下载、苹果安卓下载等业务。

GDP projection: Men working on a new residential building in Auckland. The RBNZ last week forecast 1.8% growth as it raised interest rates by a half-percentage point for a fourth straight meeting. — AP

WELLINGTON: New Zealand posted a second consecutive quarterly decline in retail sales volumes, opening up the possibility that the economy fell into a technical recession in the first half of the year.

Sales adjusted for inflation dropped 2.3% in the three months through June, confounding economists’ expectations for a 1.7% gain, government data showed yesterday. That followed a 0.9% decline in the first quarter.

The result raises the prospect of back-to-back falls in quarterly gross domestic product, the definition of recession in New Zealand. The economy shrank by 0.2% in the first quarter.

While leading indicators of exports, manufacturing and construction have been soft, no economist predicts a slump.

Indeed, the Reserve Bank of New Zealand (RBNZ) last week forecast 1.8% growth as it raised interest rates by a half-percentage point for a fourth straight meeting.

“Much weaker than expected retail volumes highlight the risk that New Zealand was in a technical recession in the first half of 2022,” said Mark Smith, senior economist at ASB Bank in Auckland. “This is not our core view.”

,

皇冠登三出租www.hg108.vip)是皇冠(正网)接入菜宝钱包的TRC20-USDT支付系统,为皇冠代理提供专业的网上运营管理系统。皇冠登三出租系统实现注册、充值、提现、客服等全自动化功能。采用的USDT匿名支付、阅后即焚的IM客服系统,让皇冠代理的运营更轻松更安全。

,

ASB currently expects the economy grew 0.8% in the second quarter, and will revise that view in coming weeks as more data emerges. The gross domestic product report is due on Sept 15.

Economists said that even a sharper-than-expected drop in economic growth wouldn’t deter the RBNZ from its tightening path.

The central bank last week increased the Official Cash Rate (OCR) to 3% and said it would continue to tighten “at pace.” It projected a peak for the OCR of 4.1% next year.

“On face value, today’s data suggest the economy may have been in a technical recession in the first half of the year,” said Miles Workman, senior economist at ANZ Bank in Wellington.

Still, “capacity pressures are so stretched that weaker-than-expected economic activity may not necessarily translate into weaker-than-expected inflation,” he said.

ANZ provisionally projects 1% growth in the second quarter, and forecasts the RBNZ will hike the OCR to 4% by the end of 2022. — Bloomberg


转载说明:本文转载自Sunbet。
  • 环球视讯(www.ugbet.us) @回复Ta

    2022-09-07 00:22:07 

    Demand for semiconductors, computers and communications devices surged during the pandemic as many people around the world shifted to remote work and education to avoid the risk of infection.简直想双击666了

    • 补刀团长撒浪嘿 @回复Ta

      2022-09-19 02:36:55 

      巴基斯坦总理伊姆兰·汗4月3日正式向总统阿里夫·阿尔维递交提案,要求解散全国议会,提前举行大选。打包带走~

    • 柚绿时光! @回复Ta

      2022-09-18 22:53:03 

      德尚随后谈到C罗:“葡萄牙异常依赖于C罗的进球,而C罗在前两轮小组赛中都有进球,以是我们必须想法限制住他。从镌汰赛最先,欧洲杯将会酿成一项全新的竞赛,一切都市从零最先。在镌汰赛最先前后的竞赛,球队给人们的印象很可能会完全差异。”大佬们看完了吗?

  • 雨巷 @回复Ta

    2022-10-29 00:08:10 

    Element 25 managing director Justin Brown and development manager Neil Graham had met Awang Tengah here in May to express the company’s interest to invest in the HPMSM manufacturing project.可以,在看

  • 新2代理手机管理端(www.hg108.vip) @回复Ta

    2022-11-26 00:15:00 

    The local unit gained versus the British pound to 5.3686/3710 from 5.3796/3826 yesterday and increased against the euro at 4.5258/5279 from 4.5488/5514 at Monday's close. - Bernama 我是铁杆粉眼熟我!!

  • 疯狂的粉SI @回复Ta

    2022-12-22 01:03:36 

    Both airports achieved a perfect score of 5.00 in the global survey by the Airports Council International (ACI) which measures overall passenger satisfaction in terms of terminal safety, facilities, services and cleanliness.难得的好文

  • 〆、记忆被抽成真空 @回复Ta

    2023-02-08 00:15:40 

    随同这部作品的火热,唐爱国自此之后也有了一个新的名字,“糖葫芦”。该作品随后在央视多次被播出,唐爱国和同伴也曾多次加入央视晚会以及《综艺大观》等节目。虽然他出生在湖南,但却一直被视为山东人,现在也在山东担任要职。gogogo,评论走起

发布评论