We’ll be curating stories from management guru John Bittleston and making them free to read.Officially, the Ministry of Trade and Industry has projected growth of between 0.5 per cent and 1 per cent in 2019, which could pick up to between 0.5 per cent and 2.5 per cent in 2020.
In the services sector, the accommodation and food services industry is expected to notch growth of 1.9 per cent, swelling from the earlier estimate of 0.8 per cent, but the view on finance and insurance has moderated and wholesale and retail trade could deteriorate further. Headline, or all-items, inflation is now expected to come in at 0.6 per cent in 2019, against a 0.7 per cent estimate in September. The MAS core inflation metric, which strips out private road transport and accommodation costs, is projected to be 1.1 per cent, rather than 1.2 per cent.
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