Recession
Headline inflation should still hit the target band this year as the RBNZ has brought balance back to most parts of the economy, chief economist Paul Conway says
26th May 24, 6:00am
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Headline inflation should still hit the target band this year as the RBNZ has brought balance back to most parts of the economy, chief economist Paul Conway says
[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
[updated]
RBNZ leaves Official Cash Rate at 5.5%, but says domestic inflation is slow to fall and now puts a 60% chance of a further OCR hike by the end of this year; now doesn't see inflation getting back under 3% till the fourth quarter of the year
22nd May 24, 2:20pm
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RBNZ leaves Official Cash Rate at 5.5%, but says domestic inflation is slow to fall and now puts a 60% chance of a further OCR hike by the end of this year; now doesn't see inflation getting back under 3% till the fourth quarter of the year
Brian Easton wonders whether the economy is in another long stagnation - and if so, why?
7th May 24, 10:35am
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Brian Easton wonders whether the economy is in another long stagnation - and if so, why?
Does fighting inflation always lead to recession? What 60 years of NZ data can tell us
27th Apr 24, 9:16am
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Does fighting inflation always lead to recession? What 60 years of NZ data can tell us
Job portal Seek says the number of job ads was down 0.4% in March across NZ, but a much steeper 27% since March 2023
22nd Apr 24, 4:41pm
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Job portal Seek says the number of job ads was down 0.4% in March across NZ, but a much steeper 27% since March 2023
Patrick Watson reckons the potential for mass unemployment is lower than it used to be, so wonders if the US can have a recession if unemployment can’t rise
20th Apr 24, 9:12am
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Patrick Watson reckons the potential for mass unemployment is lower than it used to be, so wonders if the US can have a recession if unemployment can’t rise
The Reserve Bank’s Monetary Policy Committee adds the word ‘confident’ to its inflation forecast, even as hot CPI release looms
11th Apr 24, 7:39am
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The Reserve Bank’s Monetary Policy Committee adds the word ‘confident’ to its inflation forecast, even as hot CPI release looms
Squirrel's David Cunningham argues the Reserve Bank should start cutting interest rates on April 10
31st Mar 24, 8:00am
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Squirrel's David Cunningham argues the Reserve Bank should start cutting interest rates on April 10
Independent economist Brian Easton wonders if Nicola Willis is hinting that the Coalition Government will have to back down on key promises it made in Opposition
25th Mar 24, 8:31am
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Independent economist Brian Easton wonders if Nicola Willis is hinting that the Coalition Government will have to back down on key promises it made in Opposition
NZ is in recession – so far there are few signs the government has a plan to stimulate and grow the economy
22nd Mar 24, 1:27pm
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NZ is in recession – so far there are few signs the government has a plan to stimulate and grow the economy
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
Kiwibank economists say central banks will ultimately need to have looser inflation targets in a 'world of rapidly rising, climate-related, costs
13th Mar 24, 9:34am
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Kiwibank economists say central banks will ultimately need to have looser inflation targets in a 'world of rapidly rising, climate-related, costs
Kiwibank economists say that after some 'ferocious barking' and 'a lot of huffing and puffing' about potential interest rate hikes, the RBNZ has 'stripped off their wolf skin'
4th Mar 24, 11:41am
23
Kiwibank economists say that after some 'ferocious barking' and 'a lot of huffing and puffing' about potential interest rate hikes, the RBNZ has 'stripped off their wolf skin'
Reserve Bank leaves Official Cash Rate unchanged at 5.5% and says risks to the inflation outlook are now 'more balanced' but there is a limit to its ability to 'tolerate upside inflation surprises'
28th Feb 24, 2:13pm
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Reserve Bank leaves Official Cash Rate unchanged at 5.5% and says risks to the inflation outlook are now 'more balanced' but there is a limit to its ability to 'tolerate upside inflation surprises'
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
In the second part of his preview of 2024, David Hargreaves examines whether a combination of new Government policies, rampant migration and an enlivened housing market could undermine efforts to get the economy on a sound footing
3rd Dec 23, 8:00am
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In the second part of his preview of 2024, David Hargreaves examines whether a combination of new Government policies, rampant migration and an enlivened housing market could undermine efforts to get the economy on a sound footing
David Hargreaves explains what he is looking for in the economy in 2024 as we wait to see if the battle against inflation really can be won
2nd Dec 23, 10:23am
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David Hargreaves explains what he is looking for in the economy in 2024 as we wait to see if the battle against inflation really can be won
David Hargreaves has a look at the economic developments in the past year and lines these up against what the expectations were at the start of the year
1st Dec 23, 9:44am
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David Hargreaves has a look at the economic developments in the past year and lines these up against what the expectations were at the start of the year
[updated]
Reserve Bank leaves Official Cash Rate unchanged at 5.5% but warns if inflation proves stronger than expected it may have to hike the OCR again
29th Nov 23, 2:20pm
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Reserve Bank leaves Official Cash Rate unchanged at 5.5% but warns if inflation proves stronger than expected it may have to hike the OCR again
The economy is growing much slower than usual and unemployment is rising
The rebalancing of the economy could have been a lot more 'harrowing', Infometrics’ chief forecaster Gareth Kiernan says
20th Oct 23, 5:00am
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The rebalancing of the economy could have been a lot more 'harrowing', Infometrics’ chief forecaster Gareth Kiernan says
Economist Brian Easton says while Singapore and New Zealand have rather different economic structures, the two small economies work together in the international political economy
9th Oct 23, 8:39am
2
Economist Brian Easton says while Singapore and New Zealand have rather different economic structures, the two small economies work together in the international political economy
Economist Brian Easton says while the economy is not doing too badly in output terms, external circumstances are not favourable, and there is probably a sizeable group of households struggling because of rising interest rates
2nd Oct 23, 8:57am
5
Economist Brian Easton says while the economy is not doing too badly in output terms, external circumstances are not favourable, and there is probably a sizeable group of households struggling because of rising interest rates