NZ labour market preview, Q2 2024

We estimate that the unemployment rate rose from 4.3% to 4.7%...

31 Jul 2024 Economic data and RBNZ

Trade update

Following the excitement created over the previous fortnight by the RBNZ policy review and CPI release, last week was quiet...

29 Jul 2024 Weekly Commentary

RBNZ to deliver some pre-Christmas cheer in November

We have brought our forecast for Official Cash Rate reductions from the Reserve Bank of New Zealand forward by a few months...

22 Jul 2024 Weekly Commentary

Change of OCR call

Today’s CPI showed some welcome reduction in headline inflation…

17 Jul 2024 Economic data and RBNZ

Easing on the way... but when?

Surprisingly, the RBNZ’s July OCR Review was markedly less hawkish than May. The RBNZ’s growth forecasts seem to have been significantly downgraded...

15 Jul 2024 Weekly Commentary

What would the RBNZ need to see to start cutting?

Surprisingly, the RBNZ’s July OCR Review was markedly less hawkish than…

12 Jul 2024 Economic data and RBNZ

NZ CPI preview, Q2 2024

We estimate that New Zealand consumer prices rose by 0.6% in the June…

11 Jul 2024 Economic data and RBNZ

RBNZ Monetary Policy Review, July 2024

The RBNZ left the OCR at 5.5% as expected. The RBNZ took a more dovish…

10 Jul 2024 Economic data and RBNZ

Keeping it tight

The key event this week in New Zealand will be the RBNZ’s latest policy review, with the decision to be announced at 2pm on Wednesday...

08 Jul 2024 Weekly Commentary

NZ Dairy Update

Dairy prices fell significantly by 6.9% in today’s auction…

03 Jul 2024 Agri

Preview of RBNZ July 2024 Monetary Policy Review

We expect the RBNZ to leave the OCR at 5.5%. We expect a short statement…

03 Jul 2024 Economic data and RBNZ

Retail Spending Pulse

Spending on Westpac issued debit and credit cards in the three months to May...

03 Jul 2024 Economic data and RBNZ