Economic issues coming to a head
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Kia ora.
Welcome to Wednesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from interest.co.nz.
Today we lead with news economic issues are coming to a head in both the US and China.
But first up today, there was a Pulse dairy auction overnight which basically recorded lower prices for both SMP and the butter fats, down about -1% in both USD and NZD terms. But the WMP product bucked that trend, up +1% for both.
In the US, the…
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