Economic reports archive.
NZ labour market preview, Q2 2024
We estimate that the unemployment rate rose from 4.3% to 4.7%...
Trade update
Following the excitement created over the previous fortnight by the RBNZ policy review and CPI release, last week was quiet...
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...
Change of OCR call
Today’s CPI showed some welcome reduction in headline inflation…
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...
What would the RBNZ need to see to start cutting?
Surprisingly, the RBNZ’s July OCR Review was markedly less hawkish than…
NZ CPI preview, Q2 2024
We estimate that New Zealand consumer prices rose by 0.6% in the June…
RBNZ Monetary Policy Review, July 2024
The RBNZ left the OCR at 5.5% as expected. The RBNZ took a more dovish…
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...
NZ Dairy Update
Dairy prices fell significantly by 6.9% in today’s auction…
Preview of RBNZ July 2024 Monetary Policy Review
We expect the RBNZ to leave the OCR at 5.5%. We expect a short statement…
Retail Spending Pulse
Spending on Westpac issued debit and credit cards in the three months to May...