Economic reports archive.
Easing on the way... but when?
Surprisingly, the RBNZ’s July OCR Review was markedly less hawkish than May. The RBNZ’s growth forecasts seem to have been significantly downgraded...
What would the RBNZ need to see to start cutting?
Surprisingly, the RBNZ’s July OCR Review was markedly less hawkish than…
NZ CPI preview, Q2 2024
We estimate that New Zealand consumer prices rose by 0.6% in the June…
RBNZ Monetary Policy Review, July 2024
The RBNZ left the OCR at 5.5% as expected. The RBNZ took a more dovish…
Keeping it tight
The key event this week in New Zealand will be the RBNZ’s latest policy review, with the decision to be announced at 2pm on Wednesday...
NZ Dairy Update
Dairy prices fell significantly by 6.9% in today’s auction…
Preview of RBNZ July 2024 Monetary Policy Review
We expect the RBNZ to leave the OCR at 5.5%. We expect a short statement…
Retail Spending Pulse
Spending on Westpac issued debit and credit cards in the three months to May...
Red meat: Trends, outlook and implications for New Zealand farmers
Globally, red meat consumption is growing. Per capita consumption has…
We are at full transmission!
Last week’s news continued to reflect the theme of an economy that is dealing with the impact of...
Westpac McDermott Miller Employment Confidence
Employment confidence fell by 13 points to 91.4 in the June quarter…
Housing market in hibernation
Since August 2023 we have had a relatively positive view of the house price cycle...