ONLY CHARTS #127
NZ PMI, NZ housing prices, NZ consumer spending, Aus net immigration, Aus short-term trips, China housing prices & construction, China GDP
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1. More awful data on the New Zealand economy. The RBNZ will be sweating bullets and the odds of an OCR cut in August are rising rapidly with every data release.
The composite PMI - the PCI - fell further in June to be even weaker than it was during the depths of the Global Financial Crisis.
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