Doug Steel
As Treasury prepares to publish the Pre-election Economic and Fiscal Update, bank economists aren’t expecting any big surprises in the Government’s finances and forecasts
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As Treasury prepares to publish the Pre-election Economic and Fiscal Update, bank economists aren’t expecting any big surprises in the Government’s finances and forecasts
Economists expect embers to have kept the fire of Gross Domestic Product growth burning in the June quarter
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Economists expect embers to have kept the fire of Gross Domestic Product growth burning in the June quarter
ASB senior economist Mark Smith says the latest Selected Price Indexes give some comfort inflation is moderating from its 4.1% peak
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ASB senior economist Mark Smith says the latest Selected Price Indexes give some comfort inflation is moderating from its 4.1% peak
The latest PMI figures point to a ‘positive start’ to the third economic quarter of the year, but the latest PSI figures highlight a slow services sector that don't indicate a change to the unemployment rate anytime soon
The latest PMI figures point to a ‘positive start’ to the third economic quarter of the year, but the latest PSI figures highlight a slow services sector that don't indicate a change to the unemployment rate anytime soon
Economists say June quarter labour market data will paint a ‘soft picture’ of the NZ economy as the size of the Middle East ‘cost shock’ remains uncertain
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Economists say June quarter labour market data will paint a ‘soft picture’ of the NZ economy as the size of the Middle East ‘cost shock’ remains uncertain
Bank economists are forecasting inflation for the June quarter will reach or crack 4.0%, with Kiwibank saying it’s to be expected that ‘the June quarter inflation numbers will be ugly'
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Bank economists are forecasting inflation for the June quarter will reach or crack 4.0%, with Kiwibank saying it’s to be expected that ‘the June quarter inflation numbers will be ugly'
Latest BNZ/Seek Employment Report says hiring caution remains, but the South Island is leading the pack when it comes to annual job ad growth while Auckland and Wellington lag
Latest BNZ/Seek Employment Report says hiring caution remains, but the South Island is leading the pack when it comes to annual job ad growth while Auckland and Wellington lag
New Zealand’s economy grew 0.8% in the March quarter, with the overall increase in GDP due to manufacturing, business services and wholesale trade
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New Zealand’s economy grew 0.8% in the March quarter, with the overall increase in GDP due to manufacturing, business services and wholesale trade
Following May’s SPI figures, bank economists have revised their inflation projections for the June quarter and while the US-Iran deal is welcomed, it ‘doesn’t fully unwind the global oil supply shock’
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Following May’s SPI figures, bank economists have revised their inflation projections for the June quarter and while the US-Iran deal is welcomed, it ‘doesn’t fully unwind the global oil supply shock’
Economists expect March quarter GDP to top 1% with the effects of the Middle East conflict and global fuel crisis are likely to hit harder in GDP releases later this year
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Economists expect March quarter GDP to top 1% with the effects of the Middle East conflict and global fuel crisis are likely to hit harder in GDP releases later this year
BNZ economists say latest Performance of Services Index figures are 'are real disappointment' and suggest 'the economy is growing at a slower pace than we might have expected'
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BNZ economists say latest Performance of Services Index figures are 'are real disappointment' and suggest 'the economy is growing at a slower pace than we might have expected'
December quarter GDP figures due for release in the coming week may prove to be disappointment - which wouldn't provide a helpful background as we face the uncertainties of the Middle East situation
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December quarter GDP figures due for release in the coming week may prove to be disappointment - which wouldn't provide a helpful background as we face the uncertainties of the Middle East situation
'The big question to end 2025 was whether the economy may be turning. Data since then has given us confidence that recent positive momentum can be sustained. The economy is growing'
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'The big question to end 2025 was whether the economy may be turning. Data since then has given us confidence that recent positive momentum can be sustained. The economy is growing'
The latest BNZ-Business NZ Performance of Services Sector Index showed that the services industries, which make up about two thirds of our GDP, have moved into expansion for the first time since February 2024
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The latest BNZ-Business NZ Performance of Services Sector Index showed that the services industries, which make up about two thirds of our GDP, have moved into expansion for the first time since February 2024
[updated]
ASB economist warns CPI inflation may have ended 2025 above 3% as food prices rise and strong electricity and gas price rises continue, according to Statistics NZ's Selected Price Indexes
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ASB economist warns CPI inflation may have ended 2025 above 3% as food prices rise and strong electricity and gas price rises continue, according to Statistics NZ's Selected Price Indexes