business confidence surveys

ASB economists estimate that average household living costs will have increased by about $115 a week in 2023 - and with a further $70 hike to come next year, but income rises will probably beat that

ASB economists estimate that average household living costs will have increased by about $115 a week in 2023 - and with a further $70 hike to come next year, but income rises will probably beat that

Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party

Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party

Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected

Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected

Latest survey of retailers shows a still significant number are unsure if their businesses will survive the next year

Latest survey of retailers shows a still significant number are unsure if their businesses will survive the next year

ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025

ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025

It's now 12 months since mortgage interest rates bottomed out. Anybody who fixed for a year and is now looking to refix will not enjoy what comes next - namely increases in monthly payments of close to 50%

It's now 12 months since mortgage interest rates bottomed out. Anybody who fixed for a year and is now looking to refix will not enjoy what comes next - namely increases in monthly payments of close to 50%

Statistics New Zealand says food prices rose a seasonally adjusted 0.8% last month, with the annual rise climbing to 6.8%

Statistics New Zealand says food prices rose a seasonally adjusted 0.8% last month, with the annual rise climbing to 6.8%

Statistics New Zealand says food prices climbed 0.1% last month, with the rise in minimum wage having an impact

Statistics New Zealand says food prices climbed 0.1% last month, with the rise in minimum wage having an impact

David Hargreaves says we need to be keeping a close eye on what happens when households face - as they will - enormous increases in mortgage payments

David Hargreaves says we need to be keeping a close eye on what happens when households face - as they will - enormous increases in mortgage payments

ASB economists say short term fixed mortgage rate rises 'still have quite a way to go' this year

ASB economists say short term fixed mortgage rate rises 'still have quite a way to go' this year

RBNZ Governor says the central bank needs to 'retain anti-inflation bias in everything we do' to prevent inflation expectations becoming 'baked in' to price setting

RBNZ Governor says the central bank needs to 'retain anti-inflation bias in everything we do' to prevent inflation expectations becoming 'baked in' to price setting

David Hargreaves says the RBNZ needed to send a message to the markets that rampant inflation is its sole priority at the moment; an approach that is made possible by the - for now - buoyant state of the labour market

David Hargreaves says the RBNZ needed to send a message to the markets that rampant inflation is its sole priority at the moment; an approach that is made possible by the - for now - buoyant state of the labour market

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

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

ASB economists say last week's 'big lift' in wholesale interest rates added to the upside pressure on mortgage rates

ASB economists say last week's 'big lift' in wholesale interest rates added to the upside pressure on mortgage rates

David Hargreaves examines two key speeches made this week that signal how bad inflation is getting - and why it will not be a short run thing

David Hargreaves examines two key speeches made this week that signal how bad inflation is getting - and why it will not be a short run thing