Economic reports archive.
Reflecting on a dovish RBNZ
The RBNZ’s February policy update – the first under the watch of new RBNZ…
Picking up speed
Our latest Economic Overview, entitled “Picking up speed”, strikes a cautiously…
Turning a corner
Last week’s labour force surveys showed that the jobs market remains soft, but with…
Same-same, but different.
Inflation surprised to the upside in both New Zealand and Australia in the latter…
NZ labour market preview, Q4 2025
We expect the unemployment rate to remain at 5.3% for the December quarter…
Firm CPI leaves RBNZ with less room to manoeuvre
International economic and political developments have continued to buffet domestic…
NZ CPI chart pack, Q4 2025
New Zealand consumer prices rose 0.6% in the December quarter...
A hiss and a roar
While the summer holiday period isn’t over yet for many Kiwis, the economic data…
NZ CPI preview, Q4 2025
We estimate that New Zealand consumer prices rose by 0.5% in the December quarter…
Westpac Retail Spending Pulse, December 2025
After a sharp rise in November, spending on Westpac-issued debit and credit cards…
NZ GDP chart pack, Q3 2025
GDP grew by 1.1% in the September quarter, ahead of our 0.9% pick and at...
Westpac McDermott Miller Consumer Confidence
The countdown to Christmas is on. The weather is warming up. Barbeques are being…