Economic reports archive.
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New Zealand economic data continues to beat expectations by a wide margin...
NZ Dairy Update
Dairy prices are on a roll, rising for the sixth consecutive auction. Notably, milk fat...
NZ labour market review, Q4 2020
The unemployment rate fell to 4.9% in the December quarter, a much stronger result...
Caught on the hop
China is leading a global growth recovery. The speed of the recovery has surprised...
NZ labour market preview, Q4 2020
We expect the unemployment rate to rise to 5.6% in the December quarter...
Culling the OCR cuts
With the economy weathering the Covid storm and the housing market hot, we have...
NZ CPI review, Q4 2020 – No bargains this Christmas
The Consumer Prices Index (CPI) rose 0.5% in the December quarter, a much stronger...
Update to Westpac’s OCR forecast – Enough is enough
We now expect the OCR to remain on hold for the foreseeable future (previously we...
Westpac McDermott Miller Employment Confidence
The Employment Confidence Index saw a strong increase in the December quarter...
NZ Dairy Update
We lift our 2020/21 farmgate milk price forecast by 50 cents to $7.50/kg...
NZ CPI preview, Q4 2020
We expect consumer prices to be flat for the December quarter, which would see the...
Don’t call it a comeback
The New Zealand economy has started 2021 on firm footing. GDP has retraced its...