Abundance of good economic news gives Bollard a headache
We have been swamped with good economic news this week highlighted by the fall in the unemployment rate to 4.4 percent -- a level last seen in 1987.
Monday, November 17th 2003, 6:26AM
by The Landlord
As well, September quarter retail sales rose 2.0% with shoppers pushing Eftpos buttons faster than economists had forecast.
That might in part be due to the New Zealand dollar climbing to fresh six year highs of US63.10 cents which has helped make prices cheaper.
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