Economic reports archive.
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...
Activity off the boil while inflation simmers
The latest GDP figures revealed that economic growth in the early part…
NZ GDP review, Q1 2024
Today’s GDP figures confirmed that the New Zealand economy remains in a flat patch...
NZ Dairy Update
This week’s dairy auction was more mixed than others recently...