sign up log in
Want to go ad-free? Find out how, here.

economic data

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
4th Aug 24, 6:00am
150
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
Economic activity has fallen for five consecutive quarters as New Zealanders wait for the RBNZ to give growth the green light
22nd Mar 24, 7:14am
210
Economic activity has fallen for five consecutive quarters as New Zealanders wait for the RBNZ to give growth the green light
Labour market figures out in the coming week tipped to show unemployment rising from the last recorded 3.9% rate to 4.2% or higher
4th Feb 24, 6:01am
74
Labour market figures out in the coming week tipped to show unemployment rising from the last recorded 3.9% rate to 4.2% or higher
CPI inflation falls to a two year low of 4.7% as food prices decline, albeit domestic inflation tops RBNZ expectations
24th Jan 24, 10:56am
161
CPI inflation falls to a two year low of 4.7% as food prices decline, albeit domestic inflation tops RBNZ expectations
The economy is growing much slower than usual and unemployment is rising
7th Nov 23, 7:44am
73
The economy is growing much slower than usual and unemployment is rising
The Reserve Bank expects labour market figures out in the coming week to show a further rise in unemployment. As long as the central bank gets its wish then the Official Cash Rate will remain 'on hold' after the next review in November
29th Oct 23, 6:00am
27
The Reserve Bank expects labour market figures out in the coming week to show a further rise in unemployment. As long as the central bank gets its wish then the Official Cash Rate will remain 'on hold' after the next review in November
If the economy develops as expected, with very weak economic activity and falling inflation, then 'we should start talking more about rate cuts as we head into next year', Kiwibank economists say
22nd Aug 23, 11:34am
54
If the economy develops as expected, with very weak economic activity and falling inflation, then 'we should start talking more about rate cuts as we head into next year', Kiwibank economists say
Westpac economists say if the RBNZ's judgement is wrong, then New Zealand could be facing a protracted period of strong domestic inflation pressures
21st Aug 23, 2:23pm
49
Westpac economists say if the RBNZ's judgement is wrong, then New Zealand could be facing a protracted period of strong domestic inflation pressures
Economists at Westpac and ANZ still see the combination of economic resilience and 'sticky' inflation as forcing the Reserve Bank to raise the Official Cash Rate again
7th Aug 23, 1:33pm
39
Economists at Westpac and ANZ still see the combination of economic resilience and 'sticky' inflation as forcing the Reserve Bank to raise the Official Cash Rate again
The Reserve Bank is now set fair to 'watch, worry and wait' its way through the election
3rd Aug 23, 8:30am
32
The Reserve Bank is now set fair to 'watch, worry and wait' its way through the election
The Reserve Bank expects labour market figures out in the coming week to show rising unemployment. If unemployment doesn't rise - or indeed if it even falls - this will heap more pressure back on our central bank in its inflation fight
30th Jul 23, 6:30am
51
The Reserve Bank expects labour market figures out in the coming week to show rising unemployment. If unemployment doesn't rise - or indeed if it even falls - this will heap more pressure back on our central bank in its inflation fight
BNZ economists say the migration surge is 'great news for moderating wage inflation' but raises questions of how strong population-led growth may become and how this may delay the Reserve Bank easing monetary conditions
3rd May 23, 2:32pm
86
BNZ economists say the migration surge is 'great news for moderating wage inflation' but raises questions of how strong population-led growth may become and how this may delay the Reserve Bank easing monetary conditions
Statistics New Zealand says the unemployment rate remained the same in the March quarter, while there were 22,000 jobs added, the labour force participation rate hit a new high and private sector ordinary hourly wage growth rose to 8.2%
3rd May 23, 11:04am
97
Statistics New Zealand says the unemployment rate remained the same in the March quarter, while there were 22,000 jobs added, the labour force participation rate hit a new high and private sector ordinary hourly wage growth rose to 8.2%
Labour market figures to be released this week will likely show unemployment levels largely unchanged, but economists and the Reserve Bank are still expecting 'slack' to start emerging in the labour force as the year goes on
1st May 23, 2:31pm
26
Labour market figures to be released this week will likely show unemployment levels largely unchanged, but economists and the Reserve Bank are still expecting 'slack' to start emerging in the labour force as the year goes on
[updated]
Statistics New Zealand says the unemployment rate has risen to 3.4% from 3.3%; it was widely expected to fall; private sector hourly wage growth has slowed to 8.1% from 8.6% when it was expected to rise: BNZ economists change OCR call
1st Feb 23, 11:01am
130
Statistics New Zealand says the unemployment rate has risen to 3.4% from 3.3%; it was widely expected to fall; private sector hourly wage growth has slowed to 8.1% from 8.6% when it was expected to rise: BNZ economists change OCR call
The Reserve Bank will be looking for any signs that the jobs market is cooling when new figures are released in the coming week. David Hargreaves says it might not get these signs. Not yet, anyway
29th Jan 23, 6:00am
48
The Reserve Bank will be looking for any signs that the jobs market is cooling when new figures are released in the coming week. David Hargreaves says it might not get these signs. Not yet, anyway
In their quarterly economic outlook ANZ economists say the Reserve Bank 'should be worried' about how developed the wage price spiral has become
9th Nov 22, 2:13pm
24
In their quarterly economic outlook ANZ economists say the Reserve Bank 'should be worried' about how developed the wage price spiral has become
[updated]
Statistics New Zealand says the unemployment rate has remained at 3.3%; but private sector hourly wages have risen more than anybody forecast - which could have big ramifications for interest rate rises; RBNZ says employment situation 'not sustainable'
2nd Nov 22, 11:00am
178
Statistics New Zealand says the unemployment rate has remained at 3.3%; but private sector hourly wages have risen more than anybody forecast - which could have big ramifications for interest rate rises; RBNZ says employment situation 'not sustainable'
David Hargreaves says labour market figures due to be released in the forthcoming week are arguably more important than the recent inflation figures. That's because they could have a big impact on... inflation
30th Oct 22, 6:00am
104
David Hargreaves says labour market figures due to be released in the forthcoming week are arguably more important than the recent inflation figures. That's because they could have a big impact on... inflation
Westpac economists think NZ is finding where the unemployment floor lies, with no net growth in Job numbers and all of the heat in labour market coming through in pay rates
8th Aug 22, 12:00pm
62
Westpac economists think NZ is finding where the unemployment floor lies, with no net growth in Job numbers and all of the heat in labour market coming through in pay rates
Latest labour market data showing 'severe capacity constraints and intensifying wage pressures' prompt change of view and perceived need for the Reserve Bank to do a little more against inflation
4th Aug 22, 9:46am
30
Latest labour market data showing 'severe capacity constraints and intensifying wage pressures' prompt change of view and perceived need for the Reserve Bank to do a little more against inflation
The apparently contradictory nature of the latest labour market figures - showing rising unemployment, but very fast-rising wages - gives the RBNZ a whole lot to think about as it ponders its next Official Cash Rate review
3rd Aug 22, 3:09pm
77
The apparently contradictory nature of the latest labour market figures - showing rising unemployment, but very fast-rising wages - gives the RBNZ a whole lot to think about as it ponders its next Official Cash Rate review
Statistics New Zealand says the unemployment rate has risen to 3.3% from 3.2%, while private sector hourly wages have risen 7%
3rd Aug 22, 11:10am
108
Statistics New Zealand says the unemployment rate has risen to 3.3% from 3.2%, while private sector hourly wages have risen 7%
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
87
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
BNZ economists say the chances of a recession increase by the day and they are predicting economic growth to 'stall' completely next year; house price falls to get worse
11th May 22, 1:30pm
164
BNZ economists say the chances of a recession increase by the day and they are predicting economic growth to 'stall' completely next year; house price falls to get worse