heard it all before in the mighty 2020 Covid dip then what happened ? :)
Might be still a few happy rounds to be had with NZME on whose hard partying at a price will land in the bin :)
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well NZTX talking to a specialist sport product distributor who said there quiet time of year was usually june july but this year they are over run. Thinks its that people have had enough of locks downs and stay at home and are making up for lost time.
Other factors are always at play and for some it might be an uneven market hitting some and not other markets.
winner(n)
BEA and GDP Tracker.
https://www.atlantafed.org/cqer/research/gdpnow
https://www.bea.gov/
better than CNBC but their graphic engine looks good.
Weekly Update:
Attachment 13938
Decent drop in shipping costs last week:
Plus we have lapped the big increases from last year so now have year on year improvement in shipping rates.
Attachment 13939
From US …things looking OK?
sure, fine, dandy .....
well sun out again today... super ...
Oil dropped below $100 a barrel today - both WTI & Int Brent.
Shipping rates down, oil dropping, etc will have no change to general and overall pricing of goods and services in NZ. Our inflation is monetary inflation. It's not price inflation. Do you really think the $20 burger combo, one example, is returning to what it used to cost?