Miles Workman

Economists say an uptick in headline inflation due to the weak dollar and rising oil prices shouldn’t discourage the RBNZ from cutting interest rates as core inflation is cooling

Economists say an uptick in headline inflation due to the weak dollar and rising oil prices shouldn’t discourage the RBNZ from cutting interest rates as core inflation is cooling

Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month

Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month

Statistics NZ's Selected Price Indexes show continuing subdued pricing pressures - other than a spike in air fare and accommodation costs that 'coincided' with performances around the country by several global overseas artists

Statistics NZ's Selected Price Indexes show continuing subdued pricing pressures - other than a spike in air fare and accommodation costs that 'coincided' with performances around the country by several global overseas artists

David Hargreaves examines the upcoming GDP figures, likely to show our economy having contracted for five out of the last eight quarters

David Hargreaves examines the upcoming GDP figures, likely to show our economy having contracted for five out of the last eight quarters

Economists warn there is a rising risk of deflation if the Reserve Bank doesn’t cut interest rates fast enough

Economists warn there is a rising risk of deflation if the Reserve Bank doesn’t cut interest rates fast enough

New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending

New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending

Statistics NZ says food prices rose 0.6% in the year to July; annual rental growth of 4.3% is the slowest rate of growth since November 2023

Statistics NZ says food prices rose 0.6% in the year to July; annual rental growth of 4.3% is the slowest rate of growth since November 2023

Labour market figures out in the coming week are universally expected to show higher numbers of people out of work, but David Hargreaves says it would need surprisingly high numbers to get the Reserve Bank to cut interest rates as soon as this month

Labour market figures out in the coming week are universally expected to show higher numbers of people out of work, but David Hargreaves says it would need surprisingly high numbers to get the Reserve Bank to cut interest rates as soon as this month

Economists are eyeing earlier interest rate cuts after ‘dire’ business survey shows inflation has been ‘beaten’

Economists are eyeing earlier interest rate cuts after ‘dire’ business survey shows inflation has been ‘beaten’

It's a line ball call whether GDP figures out in the coming week will reveal the country still to be in recession or not. But whatever the outcome, economists don't see a particularly rosy path for the economy in the immediate future

It's a line ball call whether GDP figures out in the coming week will reveal the country still to be in recession or not. But whatever the outcome, economists don't see a particularly rosy path for the economy in the immediate future

Stats NZ figures show that seasonally adjusted retail sales by volume increased by 0.5% in the March quarter, but the figures were down 2.4% on the volumes recorded for the same quarter in 2023

Stats NZ figures show that seasonally adjusted retail sales by volume increased by 0.5% in the March quarter, but the figures were down 2.4% on the volumes recorded for the same quarter in 2023

Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say

Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say

Bank economists anticipate the unemployment rate will edge up when Statistics NZ releases March quarter labour market data

Bank economists anticipate the unemployment rate will edge up when Statistics NZ releases March quarter labour market data

There weren't too many surprises in the new inflation figures out of Statistics NZ, but there’s enough in the data to keep the RBNZ nervous

There weren't too many surprises in the new inflation figures out of Statistics NZ, but there’s enough in the data to keep the RBNZ nervous

Ahead of April 17’s much anticipated release of the March quarter CPI, Westpac, ANZ and Kiwibank cast their predictions with all three banks expecting annual inflation to be higher than the RBNZ has forecast

Ahead of April 17’s much anticipated release of the March quarter CPI, Westpac, ANZ and Kiwibank cast their predictions with all three banks expecting annual inflation to be higher than the RBNZ has forecast