NZ - ANZ Job advertisements for May: +0.2% m/m (previous was +1.7%)

New Zealand data

• +0.2% m/m (prior was +1.8%, revised from1.7%)
• For the y/y, up 7.2%

• Employment demand remains fairly strong
• Construction & tourism job strength
• Weaker in Dairy sector
• Economy not in need of further interest rate stimulus at present