New Zealand Visitor Arrivals YoY (Mar) Y/Y 15.10% (Prev. 15.2%)
The latest data on New Zealand's visitor arrivals shows a slight year-on-year decrease from 15.2% to 15.10%.
UK RICS House Price Balance (Apr) -34% vs. Exp. -25% (Prev. -23%)
US State Department official says Lebanon has added its former ambassador to the US, Simon Karam, to the next round of talks with Israel, while Israeli delegation will include its ambassador to Washington and deputy national security adviser
New Zealand Visitor Arrivals YoY (Mar) Y/Y 15.10% (Prev. 15.2%)
US intelligence report emphasised that China acted to maximise its advantage and achievements against the US following the war in Iran on the diplomatic, military, economic and intelligence levels, according to WaPo
Hezbollah conducted 17 operations against Israeli forces on Wednesday, according to SNN
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This marginal drop may indicate a stabilization in travel demand, but the overall trend remains strong, which could support the outlook for consumer spending and services in the economy. Analysts will be watching for any subsequent impact on monetary policy as tourism plays a significant role in New Zealand's growth.
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