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Economic reports archive.
NZ CPI preview, Q1 2026
We estimate that New Zealand consumer prices rose by 0.7% in the March quarter…
Westpac Retail Spending Pulse, March 2026
Our March card spending report provides our first detailed look at how household...
A hawkish RBNZ is prepared to act decisively
Views on the likely duration and the severity of the war waxed and waned over the week...
RBNZ April 2026 Monetary Policy Review and change of call
As widely expected, the RBNZ retained the OCR at 2.25%. There was no vote, with the...
Not hawkish. Not dovish. Balanced.
The RBNZ meets this week for its April Monetary Policy Review (Wednesday 8 April, NZ 2pm)...
Hawks, doves, and kiwis
As discussed in our preview this week, the outcome of the upcoming Monetary...
Preview of RBNZ April 2026 Monetary Policy Review
Consistent with guidance given by Governor Breman in a recent speech, we expect the...
NZ Agri Bites
The impact of war in Iran is likely to be broadly supportive of prices. The key issue...
Inflation up, growth down, OCR on hold?
As the war has drawn on and evidence of disruption to the NZ economy has…
Forecast update, March 2026
We are updating our forecasts to reflect the growing impacts of the Iran war on the…
Westpac McDermott Miller Employment Confidence
The Westpac-McDermott Miller Employment Confidence Index rose by 1.8 points…
Focus turns to the RBNZ after data dump
The past week has seen a heavy data flow in New Zealand. In normal times…