Hon GRANT ROBERTSON (Minister of Finance): On Friday, Treasury released the latest New Zealand Activity Index for June. This showed economic activity continued to bounce back in June to just 0.9 percent below the same month last year, after falls of 18 percent and 6 percent in April and May. The continued recovery in June was led by growth in electronic card spending, heavy traffic movements, and manufacturing activity, all of which were up on June 2019 levels. While the index was dragged down a little by an increase in the number of people on income support, other indicators, such as light traffic movements, business confidence, and new job ads posted online, also saw a continuing uptick. While the New Zealand Activity Index does not show the full economic picture, these are encouraging signs that the economy has bounced back after a difficult past few months.