NZ Treasury report: Economic expansion persisting at a solid pace

The New Zealand Treasury team is out with its latest monthly economic indicators report, highlighting the following:

Overall, recent data and business surveys point to economic expansion persisting at a solid pace in the March and June quarters

Annual consumer price inflation picked up to 2.2%, as underlying price pressures continue to build

Geopolitical risk creates market volatility with elections in Europe

Economic indicators released in April suggest the economy expanded at a reasonable pace in the first quarter of 2017 and that underlying momentum will persist into the second quarter.

UK Press: Theresa May renews threat to walk away from EU without a deal

Brexit headlines reported on the front page of the UK Times for Monday, cited that the UK PM Theresa May renews threat to walk away from EU without a
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US government funding: Full House and Senate still must approve the deal - senior congressional aides

Following the news that U.S congressional negotiators have reached a deal to fund the government through until September, according to the Washington
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