How real-time data can lead to better decisions on everything from NZ’s interest rates to business investment
- Written by The Conversation
It is late July, and New Zealand is slowly receiving economic data from the June quarter. Inflation has hit a 12-month high, for example, confirming what many already suspected. But the country is still nearly two months away from getting figures on economic activity – namely, gross domestic product (GDP).
Official statistics such as GDP and...