Katherine Rich
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
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'
'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
The latest BNZ-Business NZ Performance of Services Sector Index showed that the services industries moved further into contraction in November, 'posing downside risk to even modest growth expectations for early next year'
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The latest BNZ-Business NZ Performance of Services Sector Index showed that the services industries moved further into contraction in November, 'posing downside risk to even modest growth expectations for early next year'
Signs of a perk-up in the manufacturing sector may have inspired thoughts that the under-the-pump services sector may also raise its head - but no, not yet
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Signs of a perk-up in the manufacturing sector may have inspired thoughts that the under-the-pump services sector may also raise its head - but no, not yet
[updated]
The services sector remains in contraction, suggesting the help from the Reserve Bank's jumbo cut to the Official Cash Rate last week can't flow through fast enough; BNZ economists nudge down economic growth and employment forecasts
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The services sector remains in contraction, suggesting the help from the Reserve Bank's jumbo cut to the Official Cash Rate last week can't flow through fast enough; BNZ economists nudge down economic growth and employment forecasts
Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started
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Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started
An improved performance from the services sector in July on top of the manufacturing sector returning to expansion indicates the economy may be picking up again from a mid-year slump
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An improved performance from the services sector in July on top of the manufacturing sector returning to expansion indicates the economy may be picking up again from a mid-year slump
[updated]
New Zealand's services sector contracts for fifth consecutive month - has seen only one month of 'minimal' expansion in the last 16; BNZ economists see 0.2% fall in GDP for June quarter
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New Zealand's services sector contracts for fifth consecutive month - has seen only one month of 'minimal' expansion in the last 16; BNZ economists see 0.2% fall in GDP for June quarter
[updated]
Activity in NZ's services sector contracted further in December, matching a more contractionary performance in the month from the manufacturing sector as well
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Activity in NZ's services sector contracted further in December, matching a more contractionary performance in the month from the manufacturing sector as well
Activity in NZ's services sector has improved, but still remains at contractionary levels, while manufacturing has moved further into contraction
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Activity in NZ's services sector has improved, but still remains at contractionary levels, while manufacturing has moved further into contraction
Activity levels in New Zealand's economic engine room remain at contractionary levels
The Government wants grocery suppliers to challenge the power of Foodstuffs and Countdown. Will they?
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The Government wants grocery suppliers to challenge the power of Foodstuffs and Countdown. Will they?
Clark announces Govt will legislate to create a regulatory backstop for supermarket wholesale access if Foodstuffs and Woolworths don't cooperate within a couple of years
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Clark announces Govt will legislate to create a regulatory backstop for supermarket wholesale access if Foodstuffs and Woolworths don't cooperate within a couple of years