Bite-sized video updates on the New Zealand economy and markets.

Weekly Economics Video Update

21 June:

The March 2019 GDP figures posted a creditable 0.6% quarterly growth. But most of the growth was in mining and construction – the core service sector of the economy remains fairly sluggish. 

14 June:

Recent data on the New Zealand economy show that construction is booming, but manufacturing, services and consumer spending remain lacklustre. Overall, we don’t yet have a resolution on whether or not the New Zealand economy is going to escape from the torpor it is currently in. 

Monthly Agri Economic Insights

We hope you find these updates helpful in shaping a view of what's in store for you beyond the farm gate.

7 June:

Fonterra’s opening milk price forecast for the season ahead looks too conservative to us. A good payout might improve moribund confidence in the industry, but only a bit. The trade wars between the US and China haven’t really hurt New Zealand to date, but they might if we are forced to pick sides. 

3 May:

The boom exports of agricultural products to China is not over, but it may be slowing. China’s population growth and economy have slowed, other countries are pursuing free trade agreements with China, and China’s own agricultural production is maturing.