Statistics New Zealand
[updated]
Statistics New Zealand figures show household net worth dropped by $47 billion in the June quarter, while total income fell for the first time since this data series began in 2016
10th Oct 24, 11:30am
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Statistics New Zealand figures show household net worth dropped by $47 billion in the June quarter, while total income fell for the first time since this data series began in 2016
[updated]
Retail spending fell for the sixth month in a row in July according to Statistics New Zealand but only by 0.1% or $6.3 million with total electronic card expenditure for the month coming to $8.8 billion
15th Aug 24, 11:43am
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Retail spending fell for the sixth month in a row in July according to Statistics New Zealand but only by 0.1% or $6.3 million with total electronic card expenditure for the month coming to $8.8 billion
Employment data weakens the case for interest rate cuts as job growth continues
8th Aug 24, 8:00am
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Employment data weakens the case for interest rate cuts as job growth continues
Stats NZ says lower prices for tomatoes, cheese, and potatoes have driven food prices to annual six-year low while prices for petrol and tobacco climb
11th Jul 24, 11:37am
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Stats NZ says lower prices for tomatoes, cheese, and potatoes have driven food prices to annual six-year low while prices for petrol and tobacco climb
Statistics New Zealand figures show household net worth increased by $7.8 billion in the March 2024 quarter, even though house and land values dropped by $2 billion
4th Jul 24, 1:11pm
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Statistics New Zealand figures show household net worth increased by $7.8 billion in the March 2024 quarter, even though house and land values dropped by $2 billion
GDP figures out in the coming week might be, in the words of one economist, 'as flat as a pancake', - but this of course is in a country that grew its population by 2.8% last year, meaning many more hands are producing only exactly the same outcome
17th Mar 24, 6:01am
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GDP figures out in the coming week might be, in the words of one economist, 'as flat as a pancake', - but this of course is in a country that grew its population by 2.8% last year, meaning many more hands are producing only exactly the same outcome
Household spending data shows that - not unsurprisingly - food has been a big contributor to increased costs, while we've been trying to save with decreased spending on communication and recreation
5th Mar 24, 2:19pm
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Household spending data shows that - not unsurprisingly - food has been a big contributor to increased costs, while we've been trying to save with decreased spending on communication and recreation
Stats NZ says its household living-cost price indexes show that all household groups in the country faced higher cost increases in the 2023 year than the 4.7% indicated by the CPI, the official measure of inflation
1st Feb 24, 11:16am
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Stats NZ says its household living-cost price indexes show that all household groups in the country faced higher cost increases in the 2023 year than the 4.7% indicated by the CPI, the official measure of inflation
Toilet rolls are getting cheaper as global shipping costs fall but services stay sticky as wages grow
28th Jan 24, 6:00am
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Toilet rolls are getting cheaper as global shipping costs fall but services stay sticky as wages grow
Statistics New Zealand figures show household net worth increased by $5.3 billion in the September 2023 quarter, while savings rates remained steady
25th Jan 24, 11:35am
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Statistics New Zealand figures show household net worth increased by $5.3 billion in the September 2023 quarter, while savings rates remained steady
The Reserve Bank finds itself stuck in the middle of still-high inflation and an economy that is buckling under far more quickly than had been believed
14th Dec 23, 2:38pm
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The Reserve Bank finds itself stuck in the middle of still-high inflation and an economy that is buckling under far more quickly than had been believed
David Hargreaves has a look at the forthcoming GDP figures - the last major economic data release for the year. As far as GDP goes - resilience is the word
10th Dec 23, 6:00am
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David Hargreaves has a look at the forthcoming GDP figures - the last major economic data release for the year. As far as GDP goes - resilience is the word
Statistics NZ says food and housing continue to be key drivers of increased costs for households
26th Oct 23, 11:13am
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Statistics NZ says food and housing continue to be key drivers of increased costs for households
Statistics New Zealand figures show household net worth fell by a further $33.5 billion in the June quarter, with over half of this due to falls in property values - but our rate of savings increased
16th Oct 23, 11:58am
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Statistics New Zealand figures show household net worth fell by a further $33.5 billion in the June quarter, with over half of this due to falls in property values - but our rate of savings increased
GDP figures to be released in the coming week will probably show something of a bounce back from two quarters of negative economic growth, but the overall picture isn't particularly rosy
17th Sep 23, 8:11am
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GDP figures to be released in the coming week will probably show something of a bounce back from two quarters of negative economic growth, but the overall picture isn't particularly rosy
Food Price Index rises 9.6% annually in July but fruit and vegetable prices fell month-on-month
11th Aug 23, 11:12am
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Food Price Index rises 9.6% annually in July but fruit and vegetable prices fell month-on-month
[updated]
Statistics New Zealand says the cost of living for households rose 7.2% in the year to June 2023, while food prices increased by some 12.7% for the average household
27th Jul 23, 11:16am
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Statistics New Zealand says the cost of living for households rose 7.2% in the year to June 2023, while food prices increased by some 12.7% for the average household
Inflation drops to 6% as petrol prices decline and interest rates suppress demand, but domestic inflation remains high
19th Jul 23, 10:49am
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Inflation drops to 6% as petrol prices decline and interest rates suppress demand, but domestic inflation remains high
Westpac economists say the average mortgage rate households are paying will rise by more over the coming year than it has so far
10th Jul 23, 12:11pm
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Westpac economists say the average mortgage rate households are paying will rise by more over the coming year than it has so far
BNZ economists say a solid bounce in economic activity is expected in the second half of next year, but in the meantime there is more pain to be felt as the economy bounces along the bottom - torn between rising immigration and higher interest rates
21st Jun 23, 2:04pm
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BNZ economists say a solid bounce in economic activity is expected in the second half of next year, but in the meantime there is more pain to be felt as the economy bounces along the bottom - torn between rising immigration and higher interest rates
Economists at the country's biggest banks are neatly divided as to whether the economy has or has not gone into recession, but there's great consensus that things are slowing and that our current account deficit's very big
12th Jun 23, 3:22pm
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Economists at the country's biggest banks are neatly divided as to whether the economy has or has not gone into recession, but there's great consensus that things are slowing and that our current account deficit's very big
Figures to be released in the coming week may or may not show the country entering a 'technical recession' - but either way, the Reserve Bank will be content enough if the data shows heat coming out of the economy
11th Jun 23, 6:00am
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Figures to be released in the coming week may or may not show the country entering a 'technical recession' - but either way, the Reserve Bank will be content enough if the data shows heat coming out of the economy
[updated]
Food prices up 12.5% in the year to April 2023 - the highest annual rate of increase seen since 1987; National's Willis says household budgets have 'nowhere to hide'
11th May 23, 10:58am
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Food prices up 12.5% in the year to April 2023 - the highest annual rate of increase seen since 1987; National's Willis says household budgets have 'nowhere to hide'
Statistics New Zealand says the cost of living for households rose 7.7% in the year to March 2023, boosted by higher rents and interest payments and increased grocery food, fruit and vegetables prices
1st May 23, 11:45am
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Statistics New Zealand says the cost of living for households rose 7.7% in the year to March 2023, boosted by higher rents and interest payments and increased grocery food, fruit and vegetables prices
[updated]
Food prices were up 12.1% in the year to March 2023 - which is the highest annual rate of increase seen since 1989; Kiwis 'crushed at the checkout', National's Willis says
17th Apr 23, 11:05am
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Food prices were up 12.1% in the year to March 2023 - which is the highest annual rate of increase seen since 1989; Kiwis 'crushed at the checkout', National's Willis says