"Restriction on surgical mesh not enough"
Keeping things in perspective as you plan for the New Year

GDP quality receives ‘bump’ from new annual benchmarks

In the September quarter of each year Stats NZ make changes to improve quarterly gross domestic product data. 

Here is a statement from Stats NZ's recent release: "In 2017, we analysed and reconciled an extra year of national accounts data. We now have a comprehensive view of the economy and the goods and services flows up to the March 2016 year. This sees our national accounts statistics reflect a more up-to-date structure of the economy.

It also allows us to introduce an additional two years of annual benchmarks to our quarterly GDP estimates series this year. Quarterly GDP is a comprehensive suite of short-term indicators that allow us to translate the more historical view of the economy into a quarterly basis and provide contemporary insight into economic growth. "

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