Miles Workman
[updated]
Statistics NZ's Selected Price Indexes show continuing subdued pricing pressures - other than a spike in air fare and accommodation costs that 'coincided' with performances around the country by several global overseas artists
16th Dec 24, 11:38am
30
Statistics NZ's Selected Price Indexes show continuing subdued pricing pressures - other than a spike in air fare and accommodation costs that 'coincided' with performances around the country by several global overseas artists
David Hargreaves examines the upcoming GDP figures, likely to show our economy having contracted for five out of the last eight quarters
15th Dec 24, 6:30am
93
David Hargreaves examines the upcoming GDP figures, likely to show our economy having contracted for five out of the last eight quarters
Economists warn there is a rising risk of deflation if the Reserve Bank doesn’t cut interest rates fast enough
1st Oct 24, 3:31pm
67
Economists warn there is a rising risk of deflation if the Reserve Bank doesn’t cut interest rates fast enough
New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending
23rd Aug 24, 12:44pm
71
New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending
[updated]
Statistics NZ says food prices rose 0.6% in the year to July; annual rental growth of 4.3% is the slowest rate of growth since November 2023
15th Aug 24, 11:26am
37
Statistics NZ says food prices rose 0.6% in the year to July; annual rental growth of 4.3% is the slowest rate of growth since November 2023
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
Economists are eyeing earlier interest rate cuts after ‘dire’ business survey shows inflation has been ‘beaten’
2nd Jul 24, 1:49pm
79
Economists are eyeing earlier interest rate cuts after ‘dire’ business survey shows inflation has been ‘beaten’
It's a line ball call whether GDP figures out in the coming week will reveal the country still to be in recession or not. But whatever the outcome, economists don't see a particularly rosy path for the economy in the immediate future
16th Jun 24, 6:30am
85
It's a line ball call whether GDP figures out in the coming week will reveal the country still to be in recession or not. But whatever the outcome, economists don't see a particularly rosy path for the economy in the immediate future
[updated]
Stats NZ figures show that seasonally adjusted retail sales by volume increased by 0.5% in the March quarter, but the figures were down 2.4% on the volumes recorded for the same quarter in 2023
23rd May 24, 12:16pm
10
Stats NZ figures show that seasonally adjusted retail sales by volume increased by 0.5% in the March quarter, but the figures were down 2.4% on the volumes recorded for the same quarter in 2023
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
7
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
49
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
61
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
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
59
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
New Zealanders are spending like its 2017 as high interest rates sap retail sales volumes
23rd Feb 24, 5:57pm
46
New Zealanders are spending like its 2017 as high interest rates sap retail sales volumes
Finance Minister Nicola Willis wants Treasury to report fiscal risks more clearly
20th Dec 23, 6:15pm
52
Finance Minister Nicola Willis wants Treasury to report fiscal risks more clearly
New Zealand's economy has been slowing faster than forecasters expected
Stats NZ says food prices fell in November for the third consecutive month; domestic airfares and accommodation rose
13th Dec 23, 12:37pm
19
Stats NZ says food prices fell in November for the third consecutive month; domestic airfares and accommodation rose
[updated]
New Zealand’s trade deficit declined $600 million the in year ended September
13th Dec 23, 11:29am
31
New Zealand’s trade deficit declined $600 million the in year ended September
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
39
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
Indications of likely future inflation continue to drift lower in the latest ANZ Business Outlook Survey, but the new Government's honeymoon continues, with business confidence hitting its highest level since early 2015
30th Nov 23, 1:24pm
2
Indications of likely future inflation continue to drift lower in the latest ANZ Business Outlook Survey, but the new Government's honeymoon continues, with business confidence hitting its highest level since early 2015
Economists are cheered by signs the Reserve Bank's monetary tightening is getting traction but caution that inflationary pressures are still strong
3rd Oct 23, 2:01pm
59
Economists are cheered by signs the Reserve Bank's monetary tightening is getting traction but caution that inflationary pressures are still strong
ANZ economists have raised their forecast of house price growth and now see a 4% rise for the second half of this year
25th Sep 23, 2:36pm
116
ANZ economists have raised their forecast of house price growth and now see a 4% rise for the second half of this year
We asked twenty economists how they would define a recession in New Zealand
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
65
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