Henry Russell
New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending
23rd Aug 24, 12:44pm
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New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending
Labour market figures out in the coming week are universally expected to show higher numbers of people out of work, but David Hargreaves says it would need surprisingly high numbers to get the Reserve Bank to cut interest rates as soon as this month
4th Aug 24, 6:00am
150
Labour market figures out in the coming week are universally expected to show higher numbers of people out of work, but David Hargreaves says it would need surprisingly high numbers to get the Reserve Bank to cut interest rates as soon as this month
Statistics NZ says food prices rose 0.6% in April, while international airfares surged 7.2% and rentals continued to rise strongly
13th May 24, 11:29am
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Statistics NZ says food prices rose 0.6% in April, while international airfares surged 7.2% and rentals continued to rise strongly
Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say
1st May 24, 3:56pm
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Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say
Bank economists anticipate the unemployment rate will edge up when Statistics NZ releases March quarter labour market data
28th Apr 24, 6:01am
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Bank economists anticipate the unemployment rate will edge up when Statistics NZ releases March quarter labour market data
There weren't too many surprises in the new inflation figures out of Statistics NZ, but there’s enough in the data to keep the RBNZ nervous
17th Apr 24, 4:01pm
18
There weren't too many surprises in the new inflation figures out of Statistics NZ, but there’s enough in the data to keep the RBNZ nervous
Ahead of April 17’s much anticipated release of the March quarter CPI, Westpac, ANZ and Kiwibank cast their predictions with all three banks expecting annual inflation to be higher than the RBNZ has forecast
14th Apr 24, 8:07am
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Ahead of April 17’s much anticipated release of the March quarter CPI, Westpac, ANZ and Kiwibank cast their predictions with all three banks expecting annual inflation to be higher than the RBNZ has forecast
[updated]
Stats NZ says food prices fell 0.6% in February, while rent increases showed signs of stabilising and domestic airfares went up again; economists see 'upside risks' to March quarter inflation figures
13th Mar 24, 11:31am
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Stats NZ says food prices fell 0.6% in February, while rent increases showed signs of stabilising and domestic airfares went up again; economists see 'upside risks' to March quarter inflation figures
Stronger employment data could spook the Reserve Bank into raising the Official Cash Rate above 5.50%, economists say
7th Feb 24, 2:04pm
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Stronger employment data could spook the Reserve Bank into raising the Official Cash Rate above 5.50%, economists say
[updated]
Inflation was cooler in the December quarter than any other in the past three years but still too hot for the Reserve Bank’s to consider cutting the Official Cash Rate
24th Jan 24, 2:46pm
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Inflation was cooler in the December quarter than any other in the past three years but still too hot for the Reserve Bank’s to consider cutting the Official Cash Rate
Stats NZ says food prices fell in November for the third consecutive month; domestic airfares and accommodation rose
13th Dec 23, 12:37pm
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Stats NZ says food prices fell in November for the third consecutive month; domestic airfares and accommodation rose
[updated]
Economists are reviewing their inflation and interest rate forecasts after new Stats NZ pricing information suggests the rate of inflation in the current quarter may be slower than expected
15th Nov 23, 8:24am
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Economists are reviewing their inflation and interest rate forecasts after new Stats NZ pricing information suggests the rate of inflation in the current quarter may be slower than expected
[updated]
Stats NZ says food prices 'fell across the board in October'; Stats NZ has also released a new monthly series of pricing data to give more timely inflation information; airfares now dropping quickly, rents still rising, tobacco up sharply
14th Nov 23, 11:07am
23
Stats NZ says food prices 'fell across the board in October'; Stats NZ has also released a new monthly series of pricing data to give more timely inflation information; airfares now dropping quickly, rents still rising, tobacco up sharply
Core inflation has barely budged in the past nine months and may stick around until unemployment begins to rise, economists suggest
19th Jul 23, 4:48pm
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Core inflation has barely budged in the past nine months and may stick around until unemployment begins to rise, economists suggest
David Hargreaves says new figures out in the coming week will likely show a significant fall in the rate of annual inflation but we shouldn't start celebrating 'victory' in the battle against high prices any time soon
16th Jul 23, 6:01am
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David Hargreaves says new figures out in the coming week will likely show a significant fall in the rate of annual inflation but we shouldn't start celebrating 'victory' in the battle against high prices any time soon
Labour market figures to be released this week will likely show unemployment levels largely unchanged, but economists and the Reserve Bank are still expecting 'slack' to start emerging in the labour force as the year goes on
1st May 23, 2:31pm
26
Labour market figures to be released this week will likely show unemployment levels largely unchanged, but economists and the Reserve Bank are still expecting 'slack' to start emerging in the labour force as the year goes on