The Weekly Economic Update (the WEU) is circulated to a range of stakeholders across government on Fridays. The WEU summarises key economic data (eg, share market data, GDP and CPI inflation) for the week from a number of sectors such as retail, manufacturing, housing, and International trade. It also summarises financial market reaction to data releases.
The Treasury will publish WEUs alongside its Monthly Economic Indicators. A typical month will have four WEUs however, this may vary month to month.
Most of the material in the WEU will be similar to that in the MEI. However, should differences occur, the MEI analysis should be used.
Disclaimer for weekly economic updates
The Treasury has made every effort to ensure that the information contained in these updates is reliable, but makes no guarantee of its accuracy or completeness and does not accept any liability for any errors. The information and opinions contained in these updates is not intended to be used as a basis for commercial decisions and the Treasury accepts no liability for any decisions made in reliance on them. The Treasury may change, add to, delete from, or otherwise amend the contents of this report at any time without notice.