New Zealand's Prime Minister Luxon says is seeing a deterioration in economic conditions

Prime Minister Christopher Luxon is holding a press conference on a wide range of topics.

Says economy deteriorating. Earlier today we had some improvement in NZ data:

• New Zealand services PMI for February 53.0 (prior 52.2)

Apart from the economy one of the topics is his deputy prime minister, Winston Peters, equating the previous Government's co-governance policies to "Nazi Germany". Wild times in NZ!