Labour Market Strong

WEEKLY COMMENTARY from Tony Alenxander

Labour Market Strong

This week we take a look at yesterday’s labour market data noting that although the Kiwi dollar fell after the numbers on reduced expectations of monetary policy tightening, fundamentally the data show a strong jobs market. We also look at house building, business confidence, and real estate activity in Auckland before noting a recent Treasury paper on superannuation and discussing yet again the way firm economic and jobs growth do not much drive higher inflation and interest rates these days.

​You will find the Weekly Overview at this link.
http://tonyalexander.co.nz/wp-content/uploads/2017/08/WO-August-3-2017.pdf