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Mark Smith

Economists are tentatively suggesting the 6.9% annual inflation rate might be somewhere near the peak, but they don't see high prices subsiding any time soon
21st Apr 22, 2:22pm
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Economists are tentatively suggesting the 6.9% annual inflation rate might be somewhere near the peak, but they don't see high prices subsiding any time soon
The forthcoming inflation figures are set to have a '7' in front of them for the first time in over 30 years; the real question is what this does to 'inflation expectations' and how ingrained price rises may become
18th Apr 22, 9:00am
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The forthcoming inflation figures are set to have a '7' in front of them for the first time in over 30 years; the real question is what this does to 'inflation expectations' and how ingrained price rises may become
Statistics New Zealand says the 7.6% annual hike in food prices is the biggest since 2011 - and that was affected by a GST rise; general inflation set to top 7% annual rate as at end of March
13th Apr 22, 11:15am
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Statistics New Zealand says the 7.6% annual hike in food prices is the biggest since 2011 - and that was affected by a GST rise; general inflation set to top 7% annual rate as at end of March
ANZ economists say latest survey results shows urgent need for RBNZ to hike rates; ANZ sees likely annual inflation of 7.1% as of March quarter end
12th Apr 22, 11:42am
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ANZ economists say latest survey results shows urgent need for RBNZ to hike rates; ANZ sees likely annual inflation of 7.1% as of March quarter end
ASB economists see a $15 bln hit to NZ's household budgets this year, with housing costs spiking 8%
23rd Mar 22, 11:50am
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ASB economists see a $15 bln hit to NZ's household budgets this year, with housing costs spiking 8%
Statistics New Zealand says the $640 mln drop in credit and debit card spending last month was the first drop in spending since the August 2021 lockdown
10th Mar 22, 11:02am
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Statistics New Zealand says the $640 mln drop in credit and debit card spending last month was the first drop in spending since the August 2021 lockdown
Statistics NZ says unemployment at its lowest level since Household Labour Force Survey launched in 1986
2nd Feb 22, 11:44am
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Statistics NZ says unemployment at its lowest level since Household Labour Force Survey launched in 1986
Inflation hit 3-decade high in December quarter, as consumer prices rose 5.9% over the year; Economists fear higher inflation is embedded
27th Jan 22, 11:17am
by Jenée Tibshraeny
286
Inflation hit 3-decade high in December quarter, as consumer prices rose 5.9% over the year; Economists fear higher inflation is embedded
The Reserve Bank's own calculations show core NZ-generated inflation running at 3.5%, well above the top of the central bank's target range
19th Oct 21, 10:15am
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The Reserve Bank's own calculations show core NZ-generated inflation running at 3.5%, well above the top of the central bank's target range
Statistics New Zealand says the Consumers Price Index rose 2.2% in September quarter, which was by far more than economists and the Reserve Bank picked
18th Oct 21, 10:55am
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Statistics New Zealand says the Consumers Price Index rose 2.2% in September quarter, which was by far more than economists and the Reserve Bank picked
New Zealand's inflation is set to hit another 10-year high, but the key question will be whether this is a short run thing or the start of a lasting wage and price spiral
14th Oct 21, 9:02am
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New Zealand's inflation is set to hit another 10-year high, but the key question will be whether this is a short run thing or the start of a lasting wage and price spiral
ASB economists calculate that every one percentage point increase in mortgage interest rates would add $3.3 bln to NZ's household debt servicing costs
23rd Sep 21, 2:05pm
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ASB economists calculate that every one percentage point increase in mortgage interest rates would add $3.3 bln to NZ's household debt servicing costs
Economists see the very strong second-quarter GDP figures as providing a green light for the Reserve Bank to begin raising interest rates
16th Sep 21, 3:11pm
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Economists see the very strong second-quarter GDP figures as providing a green light for the Reserve Bank to begin raising interest rates
The 2.8% June quarter GDP rise beat market expectations of 1.2% and was up from a revised 1.4% in March
16th Sep 21, 11:01am
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The 2.8% June quarter GDP rise beat market expectations of 1.2% and was up from a revised 1.4% in March
Statistics New Zealand says the Consumers Price Index rose 1.3% in June quarter, a rise which is far more than economists expected; August 18 RBNZ rate hike now seems a done deal
16th Jul 21, 11:11am
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Statistics New Zealand says the Consumers Price Index rose 1.3% in June quarter, a rise which is far more than economists expected; August 18 RBNZ rate hike now seems a done deal
Figures out this week are expected to show our inflation at near 10-year highs - but the key unanswered question is whether inflation will dwindle of its own accord, or need a push from higher interest rates
13th Jul 21, 3:05pm
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Figures out this week are expected to show our inflation at near 10-year highs - but the key unanswered question is whether inflation will dwindle of its own accord, or need a push from higher interest rates
BNZ economists now expect a 0.8% rise in GDP for the March quarter against the Reserve Bank's expectation of a -0.6% fall. They currently forecast inflation of 3% 'but evidence is gathering to move this higher'
10th Jun 21, 11:27am
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BNZ economists now expect a 0.8% rise in GDP for the March quarter against the Reserve Bank's expectation of a -0.6% fall. They currently forecast inflation of 3% 'but evidence is gathering to move this higher'
Economists see short term inflationary pressures due to one-off costs, but expect these to recede as the year goes on and see little imminent need for interest rate rises
19th Apr 21, 11:35am
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Economists see short term inflationary pressures due to one-off costs, but expect these to recede as the year goes on and see little imminent need for interest rate rises
Statistics New Zealand says seasonally-adjusted electronic card spending dropped 3.2% in February - and in actual terms was 8.1% lower than in February 2020
10th Mar 21, 12:25pm
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Statistics New Zealand says seasonally-adjusted electronic card spending dropped 3.2% in February - and in actual terms was 8.1% lower than in February 2020
ANZ Business Outlook survey shows a 'jaw-dropping' 67% of retailers expect to increase their prices
25th Feb 21, 1:22pm
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ANZ Business Outlook survey shows a 'jaw-dropping' 67% of retailers expect to increase their prices
Economists see the longer term outlook for inflation as more stable, therefore reducing pressure on the Reserve Bank to keep lowering interest rates
18th Jan 21, 2:40pm
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Economists see the longer term outlook for inflation as more stable, therefore reducing pressure on the Reserve Bank to keep lowering interest rates
ASB economists say politicians, policymakers and experts need to come together to discuss what can be done on housing and come up with binding recommendations on the way forward
30th Nov 20, 2:10pm
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ASB economists say politicians, policymakers and experts need to come together to discuss what can be done on housing and come up with binding recommendations on the way forward
Statistics New Zealand says retail sales values had the largest September quarter rise since the series began in 1995
23rd Nov 20, 10:56am
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Statistics New Zealand says retail sales values had the largest September quarter rise since the series began in 1995
Economists have differing views on whether the cheap money lending programme for banks to be announced this week will be specifically aimed at lending for businesses or will be available for banks to lend wherever, including on houses
9th Nov 20, 3:19pm
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Economists have differing views on whether the cheap money lending programme for banks to be announced this week will be specifically aimed at lending for businesses or will be available for banks to lend wherever, including on houses
Consumer price index inflation undershoots RBNZ and market expectations in September quarter, coming in at 0.7% quarter-on-quarter and 1.4% year-on-year
23rd Oct 20, 11:11am
by Jenée Tibshraeny
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Consumer price index inflation undershoots RBNZ and market expectations in September quarter, coming in at 0.7% quarter-on-quarter and 1.4% year-on-year