Economic data due from new Zealand on 9 September 2013 includes:
At 2245GTM we get manufacturing activity for the second quarter.
- Manufacturing activity (seasonally adjusted) for Q2, prior was +0.2%
- Manufacturing activity volume for Q2, prior was -0.6%
At 0000GMT Quotable Value house prices y/y change for August, prior was +8.1%
The Reserve Bank of New Zealand will be watching for further signs of house price acceleration as they fear a growing bubble in that sector. So far they have indicated their likely response does not include an interest rate hike yet.
