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Economic reports archive.
Hawks, doves, and kiwis
The RBNZ has had a tough balancing act to manage in recent months…
Watching, worrying, and still waiting
We no longer expect the RBNZ to increase the OCR at its November policy meeting…
NZ labour market preview, Q3 2023
While still positive, jobs growth appears to have slowed in recent months…
NZ Dairy Update
We have shifted our 2023/24 milk price forecast up to $7.25/kg…
Change of OCR call and NZ CPI review, Q3 2023
We now expect no change in the OCR at the November Monetary Policy Statement…
The General Election – preliminary results and next steps
Election night results from the 2023 General Election indicate that the centre-right…
The people have spoken
Saturday’s General Election saw the balance of power in New Zealand’s political…
High for longer; probably still higher too
The RBNZ left the OCR at 5.5%. The forward view espoused was less hawkish than…
NZ CPI preview, Q3 2023
Given the likely importance of the upcoming CPI report for the decision that the…
Change in OCR call
We continue to expect a rate hike to 5.75% at the November 2023 Monetary…
Review of RBNZ October 2023 Monetary Policy Review
The RBNZ left the OCR unchanged at 5.5% as expected. The tone of the accompanying…
NZ Dairy Update
Global dairy prices lifted for the third successive auction overnight…