Economic reports archive.
NZ labour market preview, Q1 2026
We expect the unemployment rate to hold steady at 5.4% for the March quarter...
A matter of balance
The conflict in the Middle East has cast a long shadow across the New Zealand...
Regional Roundup
Our latest round of talks with businesses around the country took place in the shadow...
NZ CPI chartpack, Q1 2026
New Zealand consumer prices rose 0.9% in the March quarter. That saw the annual...
Oil shock begins to surface in data
The past week has delivered some further insight on the early impact of the Middle East...
NZ CPI preview, Q1 2026
We estimate that New Zealand consumer prices rose by 0.7% in the March quarter…
Westpac Retail Spending Pulse, March 2026
Our March card spending report provides our first detailed look at how household...
A hawkish RBNZ is prepared to act decisively
Views on the likely duration and the severity of the war waxed and waned over the week...
RBNZ April 2026 Monetary Policy Review and change of call
As widely expected, the RBNZ retained the OCR at 2.25%. There was no vote, with the...
Not hawkish. Not dovish. Balanced.
The RBNZ meets this week for its April Monetary Policy Review (Wednesday 8 April, NZ 2pm)...
Hawks, doves, and kiwis
As discussed in our preview this week, the outcome of the upcoming Monetary...
Preview of RBNZ April 2026 Monetary Policy Review
Consistent with guidance given by Governor Breman in a recent speech, we expect the...