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Economic reports archive.
Updated OCR forecast profile
Past data look consistent with a gradually recovering economy as expected…
Preview of NZ Government Budget 2025
The Minister of Finance has stated that Budget 2025 will reaffirm…
Finance Minister signals a tight Budget
With Budget 2025 now coming into view, a key focus in...
NZ Agri Bites
Our forecast for this season’s farmgate milk price remains at $10.30/kg…
NZ labour market preview, Q1 2025
We expect a further rise in the unemployment rate from 5.1% to 5.3%...
A gradual and uneven thaw in economic conditions
For the past few weeks Westpac’s teams have been talking to households…
Regional Roundup
Since our last update, economic conditions have remained cool across the country…
Low risk of an inflation undershoot
Last week was largely free of fresh shocks on the global trade front…
NZ CPI review, Q1 2025
Consumer prices rose 0.9% in the March quarter. That saw the annual…
Watch this space and don’t panic
What a week. Financial markets were thrown into turmoil in the wake…
NZ CPI preview, Q1 2025
We estimate that New Zealand consumer prices rose by 0.7% in the…
RBNZ Monetary Policy Review, April 2025
As widely expected, the RBNZ lowered the OCR by 25bps to 3.5%...