NZ CPI review, Q4 2023

New Zealand consumer prices rose 0.5% in the December quarter, leaving prices…

24 Jan 2024 Economic data and RBNZ

Westpac McDermott Miller Employment Confidence

Employment confidence rose by 1.4 points to 99.7 in the December quarter...

23 Jan 2024 Confidence surveys

Key factors to watch in 2024

Happy New Year! Given the holiday break, we didn’t see much news of note in New Zealand...

22 Jan 2024 Weekly Commentary

NZ CPI preview, Q4 2023

Inflation is set to again fall short of the RBNZ’s forecasts. We expect that next…

18 Jan 2024 Economic data and RBNZ

NZ Dairy Update

Dairy prices continued a strong start to the year. Dairy auction prices posted…

17 Jan 2024 Agri

HYEFU review 2023

A weaker economy and population pressures have led to a weaker fiscal outlook…

20 Dec 2023 Economic data and RBNZ

NZ Dairy Update

We have revised up our 2023/24 milk price forecast from $7.25/kg to $7.50/kg…

20 Dec 2023 Agri

Westpac McDermott Miller Consumer Confidence

While still low, consumer confidence has picked up, with the Westpac…

18 Dec 2023 Confidence surveys

No further RBNZ tightening looks likely

Last week did not disappoint in terms of the importance of the data, both locally…

18 Dec 2023 Weekly Commentary

Change of OCR call

The case for a hike in February now looks too thin. Recent GDP data shows a…

15 Dec 2023 Economic data and RBNZ

Bring on the data!

With little dataflow in New Zealand last week, markets took their tone from offshore…

11 Dec 2023 Weekly Commentary

Westpac NZ Retail Spending Pulse

This is the inaugural release of our Retail Spending Pulse where we analyse…

08 Dec 2023 Economic data and RBNZ