Weekly economic update

Fortnightly Economic Update - 23 June 2022

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  • Pandemic disruptions evident as Poutū-te-rangi/March quarter GDP contracts and the current account deficit widens.
  • More timely indicators show domestic activity held up in Haratua/May but headwinds are strengthening.
  • International central banks tighten further as global inflation continues to rise.
  • Our Special Topic discusses the medium-term outlook for dairy exports.