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Economic reports archive.
NZ GDP preview, Q1 2026
We expect a 1% rise in GDP for the March quarter, up from our previous forecast...
Westpac Retail Spending Pulse, May 2026
May was another soft month for the retail sector, with per-person spending on...
New Zealand’s economy is slouching, not stalling.
New Zealand’s economy has continued to slouch along over the past couple of months...
RBNZ creeping towards hikes
It was a big week for policy announcements in the New Zealand economy...
NZ Agri Bites
The impact of the Iran conflict is likely to be supportive of prices in the near term...
New Zealand Government Budget 2026
Budget 2026 unexpectedly revealed a relatively robust fiscal outlook as the...
Review of RBNZ May 2026 Monetary Policy Statement
As widely expected, the RBNZ held the OCR at 2.25%. The three internal members...
Westpac RBNZ client pulse survey, May 2026
Our May Westpac Client Pulse survey of 139 clients showed that most expect no change...
To hold or not to hold, that is the question.
This Wednesday’s RBNZ Monetary Policy Statement is shaping up as one that will likely...
Preview of RBNZ May 2026 Monetary Policy Statement
We expect the RBNZ to leave the OCR unchanged at its meeting on 27 May....
RBNZ monetary policy scenarios, May 2026
We lay out some plausible arguments the RBNZ might consider to motivate an OCR hike...
Under the pump
The New Zealand economy has entered a far more challenging phase than expected earlier...