Weekly Economic Update 8 May 2017

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

Australia

  • Reserve Bank's May Statement - no significant surprises but more upbeat on growth in 2018 than Westpac

  • Data Wrap:

                 - Mar trade balance

  • Round-up of local data released over the week

  • Data preview:

                 -  Mar dwelling approvals

                 -  Mar retail trade

                 -  Q1 real retail sales

                 -  2017 Federal budget, AUDbn

New Zealand

  • New Zealand: week ahead & Data wrap

  • Round-up of local data released over the week

  • Data preview

                 - Apr retail card spending

                 - Apr REINZ house prices and sales

                 - RBNZ Monetary Policy Statement

Other countries data preview:

  • UK May Bank of England policy decision

 

Key data & event risk for the week ahead

 

Read the full report here

https://wibiq.westpac.com.au/wibiqauthoring/_uploads/file/Australia/2017/May/WestpacWeekly20170508.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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