Monthly economic review: June 2015

Overview: The Monthly Economic Review is an overview of the New Zealand economy. It includes the latest data on New Zealand’s economic growth, unemployment, inflation, merchandise trade and balance of payments figures, along with certain financial data (such as the Reserve Bank’s official cash rate). The unemployment rate, economic growth and central bank interest rates for several of our main OECD trading partners are also included. Each publication highlights a specific topic of interest. The Monthly Economic Review is produced eleven times per year

Monthly economic review: November 2014

Overview: The Monthly Economic Review is an overview of the New Zealand economy. It includes the latest data on New Zealand’s economic growth, unemployment, inflation, merchandise trade and balance of payments figures, along with certain financial data (such as the Reserve Bank’s official cash rate). The unemployment rate, economic growth and central bank interest rates for several of our main OECD trading partners are also included. Each publication highlights a specific topic of interest. The Monthly Economic Review is produced eleven times per year

Monthly economic review: December 2014

The Monthly Economic Review is an overview of the New Zealand economy. It includes the latest data on New Zealand’s economic growth, unemployment, inflation, merchandise trade and balance of payments figures, along with certain financial data (such as the Reserve Bank’s official cash rate). The unemployment rate, economic growth and central bank interest rates for several of our main OECD trading partners are also included. Each publication highlights a specific topic of interest. The Monthly Economic Review is produced eleven times per year. Latest data and events International dairy prices continue to fall, with the latest Fonterra Global Dairy Trade auction results reporting a further 1.1 percent fall in prices (on a trade weighted index basis). Dairy prices are now 50 percent lower than their peak in early February. Fonterra has stated that in order to keep their forecast payout at $5.30 per kilogram of milk solids, the average price for whole milk powder needs to recover to around US$3,500 per tonne by next March. In the latest auction, the average whole milk powder price was US$2,229 per tonne. Annual net immigration continues to rise, reaching 47,684 in the year ended October 2014, an increase of 30,194 from a year earlier. Approximately half of the increase was due to a reduction in the number of permanent and long-term departures, and the other half was due to an increase in the number of permanent and long-term arrivals. The net number of people leaving to live in Australia fell by 18,182 during the year to 5,311, predominantly due to a reduction in the number of permanent and long term departures to Australia. Oil prices have fallen over recent months, resulting in lower petrol prices. The Brent Oil price at the time of writing was US$69.26 per barrel, down from US$115 per barrel in June. Despite the fall in oil prices, the Organization of the Petroleum Exporting Countries (OPEC) decided in November to keep production at current levels. The price of 91-unleaded petrol in New Zealand was$2.03 per litre in early December, compared with $2.12 in the September quarter. All 14 regions recorded a rise in economic activity in the September quarter according to the ANZ Regional Trends publication. Growth in the Otago region expanded by 2.2 percent in the quarter, while at the other end of the spectrum, economic activity in the Bay of Plenty region expanded by 0.4 percent in the quarter

Monthly economic review: September 2015

Latest data and events Reserve Bank Governor Graeme Wheeler cut the official cash rate (OCR) by 25 basis points to 2.75 percent on 10 September, returning the OCR to April 2014 levels. The Bank’s 90-day bank bill rate projections point towards a further cut in the OCR, with the ASB Bank expecting another rate cut in October. The BNZ thinks there is a 65 percent chance of a rate cut in October. The ANZ Bank believes that the Reserve Bank is not in a hurry to cut again, while Westpac Bank reckons an October cut is “a close call”. Regional economic activity rose by 0.3 percent in the June quarter according to ANZ Regional Trends, with economic activity increasing in the North Island but falling in the South Island. The Northland region experienced a rise in economic activity of 1.6 percent, while the Southland and Taranaki regions contracted by 1.6 percent over the quarter. New Zealand’s merchandise terms of trade rose unexpectedly in the June quarter, up 1.3 percent. Over the quarter, exported goods prices rose by 2.1 percent while imported goods prices rose by 0.7 percent. Dairy product prices rose by six percent, reflecting the higher prices experienced earlier in the year. A bank economist noted that trade data reflects auction price data after about a three month lag. &nbsp

Monthly economic review: August 2015

Includes the latest data on New Zealand’s economic growth, unemployment, inflation, merchandise trade and balance of payments figures, along with certain financial data (such as the Reserve Bank’s official cash rate). The unemployment rate, economic growth and central bank interest rates for several of our main OECD trading partners are also included. Each publication highlights a specific topic of interest. The Monthly Economic Review is produced eleven times per year

Monthly economic review: July 2014

Overview: The Monthly Economic Review is an overview of the New Zealand economy. It includes the latest data on New Zealand’s economic growth, unemployment, inflation, merchandise trade and balance of payments figures, along with certain financial data (such as the Reserve Bank’s official cash rate). The unemployment rate, economic growth and central bank interest rates for several of our main OECD trading partners are also included. Each publication highlights a specific topic of interest. The Monthly Economic Review is produced eleven times per year

IGFBP-5 as a biomarker of de-differentiation in hepatocytes

Describes IGFBP-5 as a biomarker of de-differentiation in hepatocytes presented at the 47th Congress of the European-Societies-of-Toxicolog

Black Bottom and Paradise Valley: The Intersection of Race, Class, and Memory in Twentieth Century Detroit

This research follows the evolution of intra-class relations between the Black elite, middle, and working classes within Detroit society from the Reconstruction period to 1936. By analyzing transformations of power and the inherited morals which accompanied these transfers, this essay will demonstrate how class relations within the African American community created distinctions within a designated urban space. This essay argues that Detroit\u27s prominent Paradise Valley grew out of the Black Bottom community, which inextricably links the two separate entities into one. Ultimately, this research refutes historiographical debates which attempt to concretely bind these communities. Moreover, by blending academic debate to the voices of those who inhabited this community, this research also encapsulates the intersectionality of social memory and marries what and how we remember to urban spaces, race, and intra-class relations within Detroit in the early twentieth century

The Effect of Chronic Alcohol Consumption on Exercise-Induced Muscle Damage in Young Men

PURPOSE: To investigate the effects of chronic alcohol consumption on exercise-induced muscle damage of the knee extensors in young men. METHODS: Twenty-one males (age 21.9 ± 1.1 yr; weight 183.4 ± 27.6 lbs; height 174.0 ± 13.1 cm) performed 100 maximal eccentric contractions at 30°/sec of the knee extensors using their non-dominant leg. The isometric and isokinetic muscle strengths (60°/sec and 180°/sec) were measured pre-exercise and immediately, 24 h, 48 h, 72 h, 96 h, and 120 h post-exercise. Muscle soreness and plasma creatine kinase (CK) activity were measured pre-exercise and 24 h, 48 h, 72 h, 96 h, and 120 h post-exercise. Data were analyzed using two-way repeated-measures ANOVA to determine the main effects of time (exercise), group (non-drinker vs. frequent drinker), and their interaction terms. RESULTS: There were significant main effects of time for isometric strength (F6, 114 = 8.11, P \u3c 0.001), isokinetic strength at both 60°/sec ( F6, 114 = 11.02, P \u3c 0.001) and 180°/sec (F6, 114 = 9.88, P \u3c 0.001), muscle soreness (F5, 95 = 26.64, P \u3c 0.001), and plasma CK activity (F5, 70 = 5.15, P \u3c 0.001). There were no significant effects of group or interaction for any of the variables. CONCLUSION: There was not an evident effect of chronic alcohol consumption on exercise-induced muscle damage in young men. This may likely be due to the small sample size, the relatively small magnitude of muscle damage, the time of alcohol consumption relative to the bout of exercise, and the between-subjects study design