What happened Friday

This financial update covers mortgage rate adjustments, term deposit changes, and a slight improvement in New Zealand consumer confidence. It also notes an easing of commercial property supply pressure and an upcoming visit by Indian PM Narendra Modi.
Why it matters
These indicators provide a snapshot of the New Zealand economic climate and upcoming diplomatic activity.
Here are the key things you need to know before you leave work today (or if you work from home, before you shutdown your laptop).
The content is a factual summary of economic data and news events.
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