Mark Smith
Influential RBNZ survey shows significant fall in expectations of inflation in two years time - but the fall is unlikely to deter the central bank from another 50 point OCR hike next week
8th Aug 22, 3:33pm
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Influential RBNZ survey shows significant fall in expectations of inflation in two years time - but the fall is unlikely to deter the central bank from another 50 point OCR hike next week
David Hargreaves assesses the possibilities and prospects ahead of the release of labour market data next week that will likely show the country's unemployment rate hitting a new low and the biggest rates of pay rises in well over a decade
31st Jul 22, 6:00am
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David Hargreaves assesses the possibilities and prospects ahead of the release of labour market data next week that will likely show the country's unemployment rate hitting a new low and the biggest rates of pay rises in well over a decade
ANZ economists have changed their call and now see a higher peak of 4% for the OCR and say a 75-point rise next month 'is a very real possibility'; ASB also sees a chance of a 75-pointer
18th Jul 22, 1:53pm
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ANZ economists have changed their call and now see a higher peak of 4% for the OCR and say a 75-point rise next month 'is a very real possibility'; ASB also sees a chance of a 75-pointer
Latest inflation figures have come in even hotter than economists and the Reserve Bank had forecast
18th Jul 22, 10:54am
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Latest inflation figures have come in even hotter than economists and the Reserve Bank had forecast
Annual inflation is widely expected to hit a 32-year high of at least 7% when the latest official data is released - but the real issue is whether this will be the peak
15th Jul 22, 9:07am
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Annual inflation is widely expected to hit a 32-year high of at least 7% when the latest official data is released - but the real issue is whether this will be the peak
ASB economists say tackling labour shortages looks to be the key to mitigating inflationary pressure
6th Jul 22, 8:00am
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ASB economists say tackling labour shortages looks to be the key to mitigating inflationary pressure
[updated]
The economy shrank in the three months to March, contrary to the expectations of the Reserve Bank, which had forecast 0.7% growth
16th Jun 22, 10:54am
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The economy shrank in the three months to March, contrary to the expectations of the Reserve Bank, which had forecast 0.7% growth
[updated]
Statistics New Zealand says food prices rose a seasonally adjusted 0.8% last month, with the annual rise climbing to 6.8%
14th Jun 22, 11:25am
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Statistics New Zealand says food prices rose a seasonally adjusted 0.8% last month, with the annual rise climbing to 6.8%
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
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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'