Stats NZ
Stats NZ figures show that total card spending rose by 1.3% in June, with a big surge in fuel spending as the excise duty cut ended being a big factor
13th Jul 23, 11:17am
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Stats NZ figures show that total card spending rose by 1.3% in June, with a big surge in fuel spending as the excise duty cut ended being a big factor
[updated]
Food prices rise again, with 12.5% annual increase in June: Stats NZ Food Price Index
13th Jul 23, 10:56am
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Food prices rise again, with 12.5% annual increase in June: Stats NZ Food Price Index
Guy Trafford has been down on the farm looking at some of the new technologies available - and is impressed
11th Jul 23, 3:10pm
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Guy Trafford has been down on the farm looking at some of the new technologies available - and is impressed
Westpac economists say the average mortgage rate households are paying will rise by more over the coming year than it has so far
10th Jul 23, 12:11pm
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Westpac economists say the average mortgage rate households are paying will rise by more over the coming year than it has so far
[updated]
Food prices continued to climb in May led by fruit and vegetable prices: Stats NZ
14th Jun 23, 12:19pm
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Food prices continued to climb in May led by fruit and vegetable prices: Stats NZ
[updated]
New Zealand’s current account deficit shrunk to 8.5% of GDP in the first quarter of 2023
14th Jun 23, 11:13am
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New Zealand’s current account deficit shrunk to 8.5% of GDP in the first quarter of 2023
[updated]
Stats NZ figures show that total card spending fell by 1.9% in May, with only one industry seeing a rise; spending 'much weaker than expected' in the month; consumer spending likely to 'remain soggy' over the second half of the year
12th Jun 23, 11:23am
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Stats NZ figures show that total card spending fell by 1.9% in May, with only one industry seeing a rise; spending 'much weaker than expected' in the month; consumer spending likely to 'remain soggy' over the second half of the year
[updated]
Stats NZ says decreased volumes in hardware and vehicle retailing helped drive a fall in total retail sales in the March 2023 quarter
24th May 23, 11:45am
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Stats NZ says decreased volumes in hardware and vehicle retailing helped drive a fall in total retail sales in the March 2023 quarter
[updated]
Stats NZ figures show that total card spending rose 1% after seasonal adjustment in April, following a big 3.1% rise in March
9th May 23, 11:13am
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Stats NZ figures show that total card spending rose 1% after seasonal adjustment in April, following a big 3.1% rise in March
BNZ economists say the migration surge is 'great news for moderating wage inflation' but raises questions of how strong population-led growth may become and how this may delay the Reserve Bank easing monetary conditions
3rd May 23, 2:32pm
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BNZ economists say the migration surge is 'great news for moderating wage inflation' but raises questions of how strong population-led growth may become and how this may delay the Reserve Bank easing monetary conditions
Statistics New Zealand says the unemployment rate remained the same in the March quarter, while there were 22,000 jobs added, the labour force participation rate hit a new high and private sector ordinary hourly wage growth rose to 8.2%
3rd May 23, 11:04am
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Statistics New Zealand says the unemployment rate remained the same in the March quarter, while there were 22,000 jobs added, the labour force participation rate hit a new high and private sector ordinary hourly wage growth rose to 8.2%
Labour market figures to be released this week will likely show unemployment levels largely unchanged, but economists and the Reserve Bank are still expecting 'slack' to start emerging in the labour force as the year goes on
1st May 23, 2:31pm
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Labour market figures to be released this week will likely show unemployment levels largely unchanged, but economists and the Reserve Bank are still expecting 'slack' to start emerging in the labour force as the year goes on
What recession? New Zealand is still adding jobs, Statistics NZ's March employment indicator shows
28th Apr 23, 1:29pm
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What recession? New Zealand is still adding jobs, Statistics NZ's March employment indicator shows
Retail card spending rose 0.7% in March despite tightening Reserve Bank monetary policy
12th Apr 23, 12:49pm
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Retail card spending rose 0.7% in March despite tightening Reserve Bank monetary policy
Statistics New Zealand figures show falling property values trimmed $93 billion from household net worth, but in the December quarter rises in disposable income for household outstripped increases in spending
6th Apr 23, 12:23pm
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Statistics New Zealand figures show falling property values trimmed $93 billion from household net worth, but in the December quarter rises in disposable income for household outstripped increases in spending
Employers complain about too much demand and not enough workers as employment indicators stay steady
30th Mar 23, 2:36pm
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Employers complain about too much demand and not enough workers as employment indicators stay steady
David Hargreaves says with key economic data starting to turn out softer than expected, crunch time is looming for the Reserve Bank in its inflation battle and in how far it wants to drive up interest rates
2nd Feb 23, 12:20pm
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David Hargreaves says with key economic data starting to turn out softer than expected, crunch time is looming for the Reserve Bank in its inflation battle and in how far it wants to drive up interest rates
[updated]
Statistics New Zealand says the unemployment rate has risen to 3.4% from 3.3%; it was widely expected to fall; private sector hourly wage growth has slowed to 8.1% from 8.6% when it was expected to rise: BNZ economists change OCR call
1st Feb 23, 11:01am
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Statistics New Zealand says the unemployment rate has risen to 3.4% from 3.3%; it was widely expected to fall; private sector hourly wage growth has slowed to 8.1% from 8.6% when it was expected to rise: BNZ economists change OCR call
The Reserve Bank will be looking for any signs that the jobs market is cooling when new figures are released in the coming week. David Hargreaves says it might not get these signs. Not yet, anyway
29th Jan 23, 6:00am
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The Reserve Bank will be looking for any signs that the jobs market is cooling when new figures are released in the coming week. David Hargreaves says it might not get these signs. Not yet, anyway
Overcoming preconceptions: How big data can get and hold a social licence
Bank economists are now suggesting the Reserve Bank should dial back its intentions on how far and high the Official Cash Rate will go
25th Jan 23, 4:12pm
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Bank economists are now suggesting the Reserve Bank should dial back its intentions on how far and high the Official Cash Rate will go
ANZ economists change their call and now expect the Reserve Bank to lift the Official Cash Rate by 50 points next month, rather than the signalled 75 points; Kiwibank economists see peak OCR of 5% - 'enough is enough'
25th Jan 23, 11:00am
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ANZ economists change their call and now expect the Reserve Bank to lift the Official Cash Rate by 50 points next month, rather than the signalled 75 points; Kiwibank economists see peak OCR of 5% - 'enough is enough'
Kiwibank economists are hoping the Reserve Bank can be deterred from its signalled 75 basis point Official Cash Rate hike and 'meet in the middle' with a 50 point rise
23rd Jan 23, 11:00am
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Kiwibank economists are hoping the Reserve Bank can be deterred from its signalled 75 basis point Official Cash Rate hike and 'meet in the middle' with a 50 point rise
Our central bank is picking that inflation will have hit a new 32-year high of 7.5% when December quarter figures are released in the coming week. If it's right, expect a further hefty 75 point rise to the Official Cash Rate next month
22nd Jan 23, 6:00am
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Our central bank is picking that inflation will have hit a new 32-year high of 7.5% when December quarter figures are released in the coming week. If it's right, expect a further hefty 75 point rise to the Official Cash Rate next month
Pain at the supermarket continues for consumers as food prices escalate again in December
19th Jan 23, 11:17am
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Pain at the supermarket continues for consumers as food prices escalate again in December