Economic insight – 19 Feb 2021.

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The economy has weathered the Covid storm so far, but the summer without tourism is turning out to be a challenge. Meanwhile, inflation might spike higher soon, but we don’t think the RBNZ will lift the OCR until 2024.
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Agri insight – 12 Feb 2021.

A faster and earlier rollout of Covid vaccines is leading to a broad strengthening in global protein prices. As a result, we now expect healthy farmgate milk and meat prices over 2021.