Economic reports archive.
RBNZ Monetary Policy Review, Oct 2022
The Reserve Bank increased the OCR by another 50 basis points to 3.50%...
NZ Dairy Update
Dairy auction prices slid overnight. The fall comes as the US dollar has surged…
The good, the bad, and the currency.
We’ve revised up our forecast of how high the Official Cash Rate will need to go in the…
Change in OCR forecast and RBNZ preview
We have revised up our forecast to a peak of 4.5% for the Official Cash Rate…
Westpac McDermott Miller Employment Confidence
The Employment Confidence Index rose to 115.2 in September, setting a new…
Westpac McDermott Miller Regional Economic Confidence
Households’ confidence in their regional economies has remained mostly in…
Households feeling the pinch
The pressures in the household sector are becoming more pronounced and a…
Westpac McDermott Miller Consumer Confidence
Consumer confidence has picked up over the past few months. Even so…
NZ Dairy Update
Dairy auction prices posted solid gains overnight for the second auction in a row…
A long time between drinks
The New Zealand economy grew strongly over the June quarter, comfortably…
NZ GDP review, Q2 2022
GDP rose by 1.7% in the June quarter, coming in very close to our…
New Zealand’s net migration trends since the Covid-19 pandemic
Our forecast remains for net migration to turn modestly positive again…