business confidence surveys
ASB economists estimate that average household living costs will have increased by about $115 a week in 2023 - and with a further $70 hike to come next year, but income rises will probably beat that
7th Dec 23, 10:30am
42
ASB economists estimate that average household living costs will have increased by about $115 a week in 2023 - and with a further $70 hike to come next year, but income rises will probably beat that
[updated]
Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party
13th Dec 22, 11:08am
163
Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party
Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected
13th Oct 22, 11:12am
117
Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected
Latest survey of retailers shows a still significant number are unsure if their businesses will survive the next year
10th Oct 22, 10:34am
24
Latest survey of retailers shows a still significant number are unsure if their businesses will survive the next year
ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025
21st Sep 22, 11:37am
33
ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025
It's now 12 months since mortgage interest rates bottomed out. Anybody who fixed for a year and is now looking to refix will not enjoy what comes next - namely increases in monthly payments of close to 50%
30th Jun 22, 8:15am
151
It's now 12 months since mortgage interest rates bottomed out. Anybody who fixed for a year and is now looking to refix will not enjoy what comes next - namely increases in monthly payments of close to 50%
[updated]
Statistics New Zealand says food prices rose a seasonally adjusted 0.8% last month, with the annual rise climbing to 6.8%
14th Jun 22, 11:25am
97
Statistics New Zealand says food prices rose a seasonally adjusted 0.8% last month, with the annual rise climbing to 6.8%
Statistics New Zealand says food prices climbed 0.1% last month, with the rise in minimum wage having an impact
12th May 22, 11:14am
7
Statistics New Zealand says food prices climbed 0.1% last month, with the rise in minimum wage having an impact
David Hargreaves says we need to be keeping a close eye on what happens when households face - as they will - enormous increases in mortgage payments
20th Apr 22, 2:13pm
191
David Hargreaves says we need to be keeping a close eye on what happens when households face - as they will - enormous increases in mortgage payments
ASB economists say short term fixed mortgage rate rises 'still have quite a way to go' this year
19th Apr 22, 2:44pm
42
ASB economists say short term fixed mortgage rate rises 'still have quite a way to go' this year
RBNZ Governor says the central bank needs to 'retain anti-inflation bias in everything we do' to prevent inflation expectations becoming 'baked in' to price setting
19th Apr 22, 9:51am
205
RBNZ Governor says the central bank needs to 'retain anti-inflation bias in everything we do' to prevent inflation expectations becoming 'baked in' to price setting
David Hargreaves says the RBNZ needed to send a message to the markets that rampant inflation is its sole priority at the moment; an approach that is made possible by the - for now - buoyant state of the labour market
13th Apr 22, 2:12pm
25
David Hargreaves says the RBNZ needed to send a message to the markets that rampant inflation is its sole priority at the moment; an approach that is made possible by the - for now - buoyant state of the labour market
Statistics New Zealand says the 7.6% annual hike in food prices is the biggest since 2011 - and that was affected by a GST rise; general inflation set to top 7% annual rate as at end of March
13th Apr 22, 11:15am
45
Statistics New Zealand says the 7.6% annual hike in food prices is the biggest since 2011 - and that was affected by a GST rise; general inflation set to top 7% annual rate as at end of March
ASB economists say last week's 'big lift' in wholesale interest rates added to the upside pressure on mortgage rates
11th Apr 22, 2:21pm
107
ASB economists say last week's 'big lift' in wholesale interest rates added to the upside pressure on mortgage rates
David Hargreaves examines two key speeches made this week that signal how bad inflation is getting - and why it will not be a short run thing
6th Apr 22, 11:52am
116
David Hargreaves examines two key speeches made this week that signal how bad inflation is getting - and why it will not be a short run thing
David Hargreaves frets about developments in China and can see little hope for inflationary pressures easing in the short term
5th Apr 22, 2:34pm
86
David Hargreaves frets about developments in China and can see little hope for inflationary pressures easing in the short term
ASB economists sticking with their pick of 25 basis point hikes at each of the next two RBNZ rate review, but concede the odds 'aren't much better than a coinflip at this point in proceedings'
4th Apr 22, 2:53pm
45
ASB economists sticking with their pick of 25 basis point hikes at each of the next two RBNZ rate review, but concede the odds 'aren't much better than a coinflip at this point in proceedings'
ASB economists see a $15 bln hit to NZ's household budgets this year, with housing costs spiking 8%
23rd Mar 22, 11:50am
93
ASB economists see a $15 bln hit to NZ's household budgets this year, with housing costs spiking 8%
ANZ economists say the Reserve Bank will need to 'move aggressively' to defend its inflation target from people's rising expectations - and that won't be good for economic growth
23rd Mar 22, 8:30am
112
ANZ economists say the Reserve Bank will need to 'move aggressively' to defend its inflation target from people's rising expectations - and that won't be good for economic growth
BNZ economists say they are raising their inflation forecasts on an almost daily basis while ASB economists are seeing a 'Costpocalypse'
14th Mar 22, 2:48pm
50
BNZ economists say they are raising their inflation forecasts on an almost daily basis while ASB economists are seeing a 'Costpocalypse'
David Hargreaves assesses the economic landscape as the Reserve Bank gets inexorably drawn into a 'squeeze it to death' struggle with inflation
10th Mar 22, 9:17am
92
David Hargreaves assesses the economic landscape as the Reserve Bank gets inexorably drawn into a 'squeeze it to death' struggle with inflation
ASB economists now see NZ inflation driving up over 7% in the first half of this year, mainly on the back of surging oil prices
7th Mar 22, 3:45pm
56
ASB economists now see NZ inflation driving up over 7% in the first half of this year, mainly on the back of surging oil prices
David Hargreaves assesses the return of the old enemy - inflation expectations
1st Mar 22, 12:41pm
75
David Hargreaves assesses the return of the old enemy - inflation expectations
David Hargreaves catches up on the things he missed during an extended summer break and concludes that 2022 is looking a lot like 2021 - but worse
16th Feb 22, 9:00am
51
David Hargreaves catches up on the things he missed during an extended summer break and concludes that 2022 is looking a lot like 2021 - but worse
BNZ economists now see inflation hitting 6.6% in the first quarter of this year
14th Feb 22, 2:24pm
56
BNZ economists now see inflation hitting 6.6% in the first quarter of this year