Weekly Economic Update 1 May 2017

In this week’s Australia & NZ Economic update print version:

Australia

  • RBA on hold – no significant change to forecasts; expect ongoing emphasis on housing risks

  • Data Wrap:

                 - Q1 CPI

                 - Q1 trade prices

                 - Mar private sector credit

  • Round-up of local data released over the week

  • Data preview:

                 - RBA policy decision

                 - Mar trade balance, AUDbn

New Zealand

  • New Zealand: week ahead & Data wrap

  • Round-up of local data released over the week

  • Data preview

                 - Q1 household labour force survey

                 - Q1 labour cost index

                 - Q2 survey of inflation expectations

Other countries data preview:

  • US May FOMC meeting

  • US April employment report

 

Key data & event risk for the week ahead

 

Read the full report here

https://wibiq.westpac.com.au/wibiqauthoring/_uploads/file/Australia/2017/April/WestpacWeekly20170501.pdf

 

Economic & financial forecasts

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Full disclaimer

Past performance is not a reliable indicator of future performance. The forecasts given above are predictive in character. Whilst every effort has been taken to ensure that the assumptions on which the forecasts are based are reasonable, the forecasts may be affected by incorrect assumptions or by known or unknown risks and uncertainties. The results ultimately achieved may differ substantially from these forecasts.

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