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Economic reports archive.
RBNZ cuts 25bps, turns neutral; data flow turns up.
The main local event last week was the RBNZ’s final OCR review and Monetary…
Does the RBNZ feel the need to boost the run-rate?
Economic data continue to be mixed ahead of the last RBNZ interest rate meeting…
The jalopy is struggling in the mud
Data last week continued to be mixed. We saw further encouraging signs…
Labour market soft, but with some green shoots
The September quarter labour market surveys were as subdued as expected…
Running rough
Last week we released our final Economic Overview for 2025 with…
NZ labour market preview, Q3 2025
We expect the unemployment rate to rise from 5.2% to 5.3% for the September quarter…
GDP insights, October 2025
Quarterly GDP growth has been unusually volatile in recent times…
3% inflation not a barrier to another RBNZ rate cut
Inflation in New Zealand has picked up again, rising to 3% in the year…
Economic conditions still soggy
The New Zealand economy is still looking sluggish. The latest updates…
NZ CPI preview, Q3 2025
We estimate that New Zealand consumer prices rose by 1.0% in the September…
Breaking the spell
The Reserve Bank delivered the 50bps OCR cut that we were expecting…
RBNZ October 2025 Monetary Policy Review
As we expected, the RBNZ cut the OCR by 50bps to 2.50%...