NZ Launches Activity Index (NZAC)

  • Jun 30, 2020 NZST
  • Team Kalkine
NZ Launches Activity Index (NZAC)

Today, the New Zealand Activity Index (NZAC) has been launched to offer essential details about the sign of progress in the New Zealand economy at the right time.

The index is launched under the collaboration of the Reserve Bank of New Zealand, Treasury, and Statistics New Zealand. The idea behind the index is to provide timely insight to government, policymakers, economists and the general public about the impact of COVID-19 on NZ economy and for tracking the economic recovery.

The NZAC shall briefly inform about job vacancies, traffic volumes, electricity generation, consumer spending, unemployment, economic outlook and manufacturing expectations.

 


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