Economic reports archive.
Economic Overview: One swallow does not a summer make
There has been a palpable shift in the mood around New Zealand. Businesses have...
Just when I thought I was out, they pull me back in
New Zealand has been pushed back into lockdown following the discovery of three...
Back to work
New Zealand economic data continues to beat expectations by a wide margin...
NZ Dairy Update
Dairy prices are on a roll, rising for the sixth consecutive auction. Notably, milk fat...
NZ labour market review, Q4 2020
The unemployment rate fell to 4.9% in the December quarter, a much stronger result...
Caught on the hop
China is leading a global growth recovery. The speed of the recovery has surprised...
NZ labour market preview, Q4 2020
We expect the unemployment rate to rise to 5.6% in the December quarter...
Culling the OCR cuts
With the economy weathering the Covid storm and the housing market hot, we have...
NZ CPI review, Q4 2020 – No bargains this Christmas
The Consumer Prices Index (CPI) rose 0.5% in the December quarter, a much stronger...
Update to Westpac’s OCR forecast – Enough is enough
We now expect the OCR to remain on hold for the foreseeable future (previously we...
Westpac McDermott Miller Employment Confidence
The Employment Confidence Index saw a strong increase in the December quarter...
NZ Dairy Update
We lift our 2020/21 farmgate milk price forecast by 50 cents to $7.50/kg...