Preview of RBNZ February 2026 Monetary Policy Statement

We expect the OCR to remain at 2.25% at the RBNZ’s February policy meeting…

11 Feb 2026 Economic data and RBNZ

Westpac Retail Spending Pulse, January 2026

After a solid pickup in late 2025, retail spending growth has held firm in the…

10 Feb 2026 Economic data and RBNZ

Turning a corner

Last week’s labour force surveys showed that the jobs market remains soft, but with…

09 Feb 2026 Weekly Commentary

Hawks, doves, and kiwis

With monetary policy settings now clearly stimulatory and key export commodity…

05 Feb 2026 Economic data and RBNZ

NZ labour market review chart pack, Q4 2025

The Q4 surveys showed that the labour market remains soft, but with some...

04 Feb 2026 Economic data and RBNZ

Same-same, but different.

Inflation surprised to the upside in both New Zealand and Australia in the latter…

02 Feb 2026 Weekly Commentary

NZ Agri Bites

We have nudged up our farmgate milk price forecast to $9.40/kg for the current…

30 Jan 2026 Agri

NZ labour market preview, Q4 2025

We expect the unemployment rate to remain at 5.3% for the December quarter…

28 Jan 2026 Economic data and RBNZ

Firm CPI leaves RBNZ with less room to manoeuvre

International economic and political developments have continued to buffet domestic…

27 Jan 2026 Weekly Commentary

NZ CPI chart pack, Q4 2025

New Zealand consumer prices rose 0.6% in the December quarter...

26 Jan 2026 Economic data and RBNZ

A hiss and a roar

While the summer holiday period isn’t over yet for many Kiwis, the economic data…

19 Jan 2026 Weekly Commentary

NZ CPI preview, Q4 2025

We estimate that New Zealand consumer prices rose by 0.5% in the December quarter…

16 Jan 2026 Economic data and RBNZ