New Zealand Q2 Unemployment rate 5.2% (vs. expected 5.3%) ...Middle East

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Private sector wages (excluding overtime) +2.2% y/y (expected +2.3%) and +0.6% q/q (expected +0.6%)That 5.2% unemployment rate is in line with the RBNZ forecast

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In unrelated news, New Zealand's government has annnounced it'll replace petrol tax with road user charges. Intends to pass the legislation in 2026.

This article was written by Eamonn Sheridan at investinglive.com.

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