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The latest Manawatū Quarterly Economic Dashboard for the December 2023 Quarter is now live, giving you a quick overview of the latest data and insights for our region, against a national context.

The latest economic data shows that annual inflation eased to 4.7% in the December quarter as the economy contracted in response to higher interest rates and a pullback in spending across the economy. With GDP growth in the negatives, it is challenging times for our businesses and households. On the upside, the economic slowdown signals that the efforts of the Reserve Bank to reduce spending and rein in inflation are working, increasing the odds of an earlier than expected cut to the Official Cash Rate (OCR).

Read the full dashboard here

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