close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
1 mins to read

Macroeconomic week in review

Tune in to hear reporter Jason Walls provide a wrap up of the week's macroeconomic news and events.

Jason Walls
Fri, 17 Apr 2015

Chinese GDP figures: First quarter GDP numbers from China provided few surprises.

“Any time China releases any kind of economic data it’s always going to be big news.”

“This 7% was in line with market predictions, as well as predictions out of the Bank of China as well.”

How the figures will affect New Zealand: When there is a splash in the world’s second largest economy, New Zealand will always feel the ripples.

“New Zealand has a very commodity driven economy, so the Chinese looking to focus more on this area is good news for New Zealand.”

Australian unemployment numbers: Signs of optimism are starting to show.

“The unemployment levels were a little lower than expected by some economists and watchers.”

The Greeks… again!: More bad news from Europe’s black sheep.

“Greece’s credit rating has been downgraded to a CCC+; so to put that into perspective, New Zealand is an AA, which is considered to be prime.” 

Jason Walls
Fri, 17 Apr 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Macroeconomic week in review
46937
false