CPI
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
17th Apr 24, 4:01pm
17
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
14th Apr 24, 8:07am
61
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
ANZ-Roy Morgan consumer confidence survey shows a sharp fall with sentiment 'likely affected by recession headlines'
28th Mar 24, 10:46am
23
ANZ-Roy Morgan consumer confidence survey shows a sharp fall with sentiment 'likely affected by recession headlines'
Household spending data shows that - not unsurprisingly - food has been a big contributor to increased costs, while we've been trying to save with decreased spending on communication and recreation
5th Mar 24, 2:19pm
10
Household spending data shows that - not unsurprisingly - food has been a big contributor to increased costs, while we've been trying to save with decreased spending on communication and recreation
New Statistics Minister Andrew Bayly 'engaging with officials' as Statistics NZ runs behind on CPI review during cost of living crisis due to cost pressures
10th Feb 24, 9:10am
16
New Statistics Minister Andrew Bayly 'engaging with officials' as Statistics NZ runs behind on CPI review during cost of living crisis due to cost pressures
Stats NZ says its household living-cost price indexes show that all household groups in the country faced higher cost increases in the 2023 year than the 4.7% indicated by the CPI, the official measure of inflation
1st Feb 24, 11:16am
28
Stats NZ says its household living-cost price indexes show that all household groups in the country faced higher cost increases in the 2023 year than the 4.7% indicated by the CPI, the official measure of inflation
Reserve Bank chief economist Paul Conway suggests softer GDP and CPI data doesn't mean the central bank will cut interest rates
30th Jan 24, 10:55am
50
Reserve Bank chief economist Paul Conway suggests softer GDP and CPI data doesn't mean the central bank will cut interest rates
Toilet rolls are getting cheaper as global shipping costs fall but services stay sticky as wages grow
28th Jan 24, 6:00am
93
Toilet rolls are getting cheaper as global shipping costs fall but services stay sticky as wages grow
[updated]
Inflation was cooler in the December quarter than any other in the past three years but still too hot for the Reserve Bank’s to consider cutting the Official Cash Rate
24th Jan 24, 2:46pm
45
Inflation was cooler in the December quarter than any other in the past three years but still too hot for the Reserve Bank’s to consider cutting the Official Cash Rate
The economy is growing much slower than usual and unemployment is rising
Statistics NZ says food and housing continue to be key drivers of increased costs for households
26th Oct 23, 11:13am
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Statistics NZ says food and housing continue to be key drivers of increased costs for households
[updated]
Statistics New Zealand says the cost of living for households rose 7.2% in the year to June 2023, while food prices increased by some 12.7% for the average household
27th Jul 23, 11:16am
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Statistics New Zealand says the cost of living for households rose 7.2% in the year to June 2023, while food prices increased by some 12.7% for the average household
After quarterly inflation figures that contained, in the words of one economist, 'a number of red flags' for the Reserve Bank, upcoming labour market data are seen as key ahead of the RBNZ's next Official Cash Rate decision in August
24th Jul 23, 2:24pm
27
After quarterly inflation figures that contained, in the words of one economist, 'a number of red flags' for the Reserve Bank, upcoming labour market data are seen as key ahead of the RBNZ's next Official Cash Rate decision in August
David Hargreaves says while inflation is finally heading in the right direction, there's still not enough evidence that the RBNZ's strenuous, interest rate hiking, efforts are going to be able to completely tame high prices in the short term
20th Jul 23, 5:00am
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David Hargreaves says while inflation is finally heading in the right direction, there's still not enough evidence that the RBNZ's strenuous, interest rate hiking, efforts are going to be able to completely tame high prices in the short term
Core inflation has barely budged in the past nine months and may stick around until unemployment begins to rise, economists suggest
19th Jul 23, 4:48pm
41
Core inflation has barely budged in the past nine months and may stick around until unemployment begins to rise, economists suggest
Inflation drops to 6% as petrol prices decline and interest rates suppress demand, but domestic inflation remains high
19th Jul 23, 10:49am
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Inflation drops to 6% as petrol prices decline and interest rates suppress demand, but domestic inflation remains high
David Hargreaves says new figures out in the coming week will likely show a significant fall in the rate of annual inflation but we shouldn't start celebrating 'victory' in the battle against high prices any time soon
16th Jul 23, 6:01am
50
David Hargreaves says new figures out in the coming week will likely show a significant fall in the rate of annual inflation but we shouldn't start celebrating 'victory' in the battle against high prices any time soon
Statistics New Zealand says the cost of living for households rose 7.7% in the year to March 2023, boosted by higher rents and interest payments and increased grocery food, fruit and vegetables prices
1st May 23, 11:45am
14
Statistics New Zealand says the cost of living for households rose 7.7% in the year to March 2023, boosted by higher rents and interest payments and increased grocery food, fruit and vegetables prices
Economists disagree on whether the latest Consumers Price Index data is good news or not
21st Apr 23, 7:27am
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Economists disagree on whether the latest Consumers Price Index data is good news or not
New inflation figures out in the coming week are likely to show us having an annual rate of inflation in excess of 7% for the fourth consecutive quarter - but will there be signs that we can expect prices to start easing soon?
16th Apr 23, 6:00am
120
New inflation figures out in the coming week are likely to show us having an annual rate of inflation in excess of 7% for the fourth consecutive quarter - but will there be signs that we can expect prices to start easing soon?
The Consumers Price Index is designed for the RBNZ meaning the Household Living-Costs Price Index is a better measure of how inflation impacts NZ households, Bill Rosenberg argues
23rd Mar 23, 7:30am
27
The Consumers Price Index is designed for the RBNZ meaning the Household Living-Costs Price Index is a better measure of how inflation impacts NZ households, Bill Rosenberg argues
David Hargreaves says with key economic data starting to turn out softer than expected, crunch time is looming for the Reserve Bank in its inflation battle and in how far it wants to drive up interest rates
2nd Feb 23, 12:20pm
60
David Hargreaves says with key economic data starting to turn out softer than expected, crunch time is looming for the Reserve Bank in its inflation battle and in how far it wants to drive up interest rates
Statistics New Zealand says annual inflation for households was 8.2% in the year to December 2022, fueled by housing, food and transport costs
2nd Feb 23, 11:13am
45
Statistics New Zealand says annual inflation for households was 8.2% in the year to December 2022, fueled by housing, food and transport costs
Bank economists are now suggesting the Reserve Bank should dial back its intentions on how far and high the Official Cash Rate will go
25th Jan 23, 4:12pm
55
Bank economists are now suggesting the Reserve Bank should dial back its intentions on how far and high the Official Cash Rate will go
ANZ economists change their call and now expect the Reserve Bank to lift the Official Cash Rate by 50 points next month, rather than the signalled 75 points; Kiwibank economists see peak OCR of 5% - 'enough is enough'
25th Jan 23, 11:00am
162
ANZ economists change their call and now expect the Reserve Bank to lift the Official Cash Rate by 50 points next month, rather than the signalled 75 points; Kiwibank economists see peak OCR of 5% - 'enough is enough'