Economic growth rates in the United States have been slashed
by the Federal Reserve after officials took into account the
sour start to the year, when severe winter weather crippled
activity in major centres.
A change in the Labour Party leadership to Grant Robertson
would have benefits for the two Dunedin MPs, Clare Curran and
David Clark, both of whom were strong supporters of Mr
Robertson in last year's leadership round.
Food prices increased in May for the second month in a row,
influenced by seasonally higher prices for fresh vegetables,
although these were mainly salad ingredients of lettuce,
tomatoes and cucumbers.
Manufacturing activity in Otago and Southland has slipped
into contraction territory but Otago-Southland Employers
Association chief executive John Scandrett has found a small
portion of comfort from history.