Bite-sized video updates on the New Zealand economy and markets.

Weekly Economics Video Update

12 July:

Economic growth has lost some momentum and inflation remains on the lower side of the Reserve Bank’s target. But central bank stimulus here and elsewhere is being taken as a positive for the economy.   

5 July:

Three recent developments all point towards a lower OCR. A survey suggested the economy continued to slow in the June quarter, we have reduced our forecast dairy farmgate milk price, and the exchange rate has risen.  

Monthly Agri Economic Insights

We hope you find these updates helpful in shaping a view of what's in store for you beyond the farm gate.

5 July:

Global prices for dairy and forestry are dropping away, but for beef and lamb prices are rising. Both trends have a wee way to run yet.

7 June:

Fonterra’s opening milk price forecast for the season ahead looks too conservative to us. A good payout might improve moribund confidence in the industry, but only a bit. The trade wars between the US and China haven’t really hurt New Zealand to date, but they might if we are forced to pick sides.