lockdown
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
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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
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
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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
New Kiwibank spending data shows the volume of card spend declined 0.7% over the September quarter, while compared with a year earlier, the number of transactions grew by just 0.5%
10th Oct 23, 10:33am
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New Kiwibank spending data shows the volume of card spend declined 0.7% over the September quarter, while compared with a year earlier, the number of transactions grew by just 0.5%
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
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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
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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
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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
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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
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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
New Kiwibank spending data shows that despite the cost of living squeeze we are still spending as we need to - but discretion is being applied
11th Jul 23, 11:22am
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New Kiwibank spending data shows that despite the cost of living squeeze we are still spending as we need to - but discretion is being applied
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
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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
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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
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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
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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
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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
Surging demand in the service industries after the re-opening of the borders has seen the economy grow at a much faster pace than expected in the September quarter; the Reserve Bank won't be pleased - 75 point rise to OCR in February appears certain
15th Dec 22, 11:01am
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Surging demand in the service industries after the re-opening of the borders has seen the economy grow at a much faster pace than expected in the September quarter; the Reserve Bank won't be pleased - 75 point rise to OCR in February appears certain
Latest 'consensus' economists' forecasts released by the NZIER show a substantial deterioration in the past three months of how the economists view prospects - particularly in three years' time
12th Dec 22, 1:26pm
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Latest 'consensus' economists' forecasts released by the NZIER show a substantial deterioration in the past three months of how the economists view prospects - particularly in three years' time
Figures to be released in the coming week will show the economy has continued to grow quite strongly. The Reserve Bank's attempts to 'engineer' a recession are still very much in the future yet
12th Dec 22, 9:00am
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Figures to be released in the coming week will show the economy has continued to grow quite strongly. The Reserve Bank's attempts to 'engineer' a recession are still very much in the future yet
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
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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
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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
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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
Latest Kiwibank household spending data shows that the volume of cash withdrawals is 70% higher than a year ago
10th Oct 22, 11:50am
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Latest Kiwibank household spending data shows that the volume of cash withdrawals is 70% higher than a year ago
Latest survey of retailers shows a still significant number are unsure if their businesses will survive the next year
10th Oct 22, 10:34am
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Latest survey of retailers shows a still significant number are unsure if their businesses will survive the next year
The super hot labour market is the biggest threat to the Reserve Bank's efforts to get inflation back under control. David Hargreaves has a crunch of some numbers
22nd Sep 22, 10:00am
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The super hot labour market is the biggest threat to the Reserve Bank's efforts to get inflation back under control. David Hargreaves has a crunch of some numbers
David Hargreaves thinks the Reserve Bank will actually be very comfortable with the latest GDP data - even if economists are not
20th Sep 22, 12:11pm
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David Hargreaves thinks the Reserve Bank will actually be very comfortable with the latest GDP data - even if economists are not
Surging demand in the country's service industries after Covid restrictions saw the country easily avoid recession in the June quarter
15th Sep 22, 11:01am
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Surging demand in the country's service industries after Covid restrictions saw the country easily avoid recession in the June quarter