NZ’s c. bank cuts OCR by 25 bps
New Zealand’s Monetary Policy Committee on Tuesday reduced the Official Cash Rate (OCR) by 25 basis points to 3 per…
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new zealand
NZ’s current account deficit narrows in Q1 ’25
New Zealand’s seasonally adjusted current account deficit narrowed by $53 million to $5.5 billion in the March 2025…
NZ’s economy expands in Q1 ’25 – data
New Zealand’s gross domestic product (GDP) grew by 0.8 per cent in the March 2025 quarter, up from a 0.5 per cent…
NZ food prices rise YoY in May ’25
Food prices in New Zealand rose 4.4 per cent in the 12 months to May 2025, accelerating from a 3.7 per cent…
NZ’s consumer price index up in Dec. ’24
New Zealand’s consumer price index (CPI) rose 2.2 per cent in the December 2024 quarter compared to the same…
NZ economy surges 1.4% in year to March ’24
New Zealand's economy grew to 1.4 per cent in the year ending March 2024, up from the initial 0.3 per cent reported…
NZ retail sales fall in Sept. Q3 ’24
New Zealand's retail sales declined by 0.1 per cent in the September 2024 quarter compared to the previous quarter,…
New Zealand vehicle imports plummet in Oct. ’24
New Zealand's vehicle imports, including cars, trucks, and tractors, fell by $2.95 billion to $8.9 billion in the…
NZ’s inflation eases in Q3 ’24
New Zealand's CPI rose 0.6 per cent in third quarter 2024 compared to the previous quarter, with annual inflation…
NZ’s household savings fall in Q2 ’24
New Zealand households' savings dropped to -$479 million in the June 2024 quarter due to higher spending and lower…