Across the developed world, HSBC’s estimates suggest New Zealand’s economy had the largest contraction in GDP in 2024. But he ...
With the economy still in a deep recession and unemployment elevated, the prospect of a 75 basis point cut by the Reserve ...
Consumer prices rose 2.2% in 2024 as high interest rates slowed economic activity and falling import costs eased inflation ...
The latest rising inflation was offset by lower petrol prices, which was down 9.2 per cent, partially due to the removal of ...
New Zealand says inflation in the fourth quarter was at an annual rate of 2.2%, comfortably within the central bank’s target ...
The New Zealand sharemarket posted a small loss as inflation remained under control, prompting renewed calls for a big ...
People leaving New Zealand hit record levels in the year to November 2024, in another sign of the weakness in the country’s ...
The NZD/USD exchange rate stabilized after crashing hard in the past few months. It was trading at 0.5600 on Monday morning, ...
Consumer prices in New Zealand were up 2.2 percent on year in the fourth quarter of 2024, Statistics New Zealand said on Wednesday.
“This set of figures paves the way for a 50bp RBNZ cut at the 19 February meeting, which markets are now fully pricing in. We ...
The Reserve Bank of New Zealand (RBNZ) published its Sectoral Factor Model Inflation gauge for the fourth quarter of 2024, ...
Annual inflation is likely to have ended 2024 close to the Reserve Bank's target, as domestic price pressures continue to ...