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Economic reports archive.
HYEFU review 2023
A weaker economy and population pressures have led to a weaker fiscal outlook…
NZ Dairy Update
We have revised up our 2023/24 milk price forecast from $7.25/kg to $7.50/kg…
Westpac McDermott Miller Consumer Confidence
While still low, consumer confidence has picked up, with the Westpac…
No further RBNZ tightening looks likely
Last week did not disappoint in terms of the importance of the data, both locally…
Change of OCR call
The case for a hike in February now looks too thin. Recent GDP data shows a…
Bring on the data!
With little dataflow in New Zealand last week, markets took their tone from offshore…
Westpac NZ Retail Spending Pulse
This is the inaugural release of our Retail Spending Pulse where we analyse…
HYEFU preview 2023
It’s very early days for the new government. As a result, we expect little…
Now is not the time for rate cuts
The RBNZ poured ice water over the emerging market trend to price in OCR cuts in 2024…
Review of RBNZ November 2023 Monetary Policy Statement
The OCR remained at 5.5% as Westpac and the market had expected…
Times of change: A new government and prospects for lower rates
The RBNZ will almost certainly leave the OCR unchanged this week. But the key…
Preview of RBNZ November 2023 Monetary Policy Statement
We expect the RBNZ will leave the OCR unchanged at 5.5% at its November…