Average dairy prices fell by 4% which is not unexpected, this is a supply and demand situation, and was a forecasted. <\/p>\n
Unemployment dropped to 6.4 % for the last quarter, down from 6.6%. <\/p>\n
The NBNZ Business Outlook showed 2012 to have started on a confident note. A net 28% of businesses expect better times for the economy over the years ahead, up 11 points on December 2011. Confidence lifted across all the five major sub-segments, led by construction. Inflation nuances augur well for the RBNZ taking a patient approach<\/p>\n
Also the Global Outlook shows that growth forecasts are no longer being revised lower, as growth in Asia has held up and growth in the US has been better than expected. Employment figures show that unemployment in the USA has dropped to 8.3%, its lowest since 2009. It is now possible that the next revisions to global growth could be upwards, which would support the NZD. The Greek Parliament voted 199-74 in favour \u00a0of accepting the required austerity measures, which amount to some 7% of GDP over three years. Concrete details on the budget cuts have to be worked out.<\/p>\n","protected":false},"excerpt":{"rendered":"
Average dairy prices fell by 4% which is not unexpected, this is a supply and demand situation, and was a forecasted. Unemployment dropped to 6.4 % for the last quarter, down from 6.6%. The NBNZ Business Outlook showed 2012 to have started on a confident note. A net 28% of businesses expect better times for […]<\/p>\n","protected":false},"author":1116,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"MAJOR NZ EVENTS (IN CHRONOLOGICAL ORDER) - colinrealestate","description":"Average dairy prices fell by 4% which is not unexpected, this is a supply and demand situation, and was a forecasted. Unemployment dropped to 6.4 % for the last"},"footnotes":""},"categories":[5532],"tags":[5533],"class_list":["post-386","post","type-post","status-publish","format-standard","hentry","category-real-estate-2","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/users\/1116"}],"replies":[{"embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=386"}],"version-history":[{"count":1,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/386\/revisions"}],"predecessor-version":[{"id":387,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/386\/revisions\/387"}],"wp:attachment":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}