Above-average activity, below-average sentiment
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.And today we lead with news business owners are having difficulty matching their sentiment with the conditions around them.And financial markets are in a bit of a pre-dawn shadow as they await the US CPI data tomorrow. Headline CPI is expected to tick up, core inflation tick lower. Both levels will be well above the US Fed's target.American retail sales, as measured by the weekly Redbook index…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.