Westpac Economic Update

Westpac Economist Elliot Clarke comments on this week’s consumer oriented partials, dwelling approvals, housing prices and an outlook on GDP. Overseas we have the ECB meeting and the inflation drop in the European union. Plus, looking forward to next week’s NAB Business Survey, Westpac Melbourne Institute Consumer Sentiment Survey and labour force data.

You can find more weekly economic updates from Bill Evans and his team on the Westpac website. Their forecasts are available every Friday at lunchtime, Sydney time.