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New Zealand Jobless Rate Rises To 3.4% In Q4
(RTTNews) - The unemployment rate in New Zealand came in at a seasonally adjusted 3.4 percent in the fourth quarter of 2022, Statistics New Zealand said on Wednesday.
That was higher than expectations for 3.3 percent, which would have been unchanged.
New Zealand's overall employment increased 0.2 percent in Q3, shy of forecasts for 0.3 percent and down from 1.3 percent in the previous three months.
The labor cost index was up 1.1 percent on quarter and 4.3 percent on year after adding 1.1 percent on quarter and 3.8 percent on year in Q3.
The participation rate was 71.7 percent, unchanged and as expected.
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New Zealand Manufacturing PMI Accelerates In April - BusinessNZ
The manufacturing sector in New Zealand continued to expand in April, and at a faster pace, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 53.9.
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New Zealand Building Consents Climb 9.6% In March
The total number of building permits issued in New Zealand was up a seasonally adjusted 9.6 percent on month in March, Statistics New Zealand said on Friday - up sharply from the 0.7 percent increase in February.
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Před 15 dny
New Zealand Trade Surplus Tops Expectations
New Zealand's trade surplus increased more than expected in March to the highest level since the coronavirus pandemic in 2020 as exports to China and the US logged double-digit growth, official data revealed on Tuesday. The trade surplus rose sharply to NZ$970 million from NZ$392 million in February, Stats NZ said. This was the highest surplus since May 2020.
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Před 24 dny
New Zealand Inflation Rises To 2.5%
New Zealand inflation accelerated for the first time in nearly three years in the first quarter but it remained well within the central bank target, official data showed on Thursday. Consumer price inflation rose to 2.5 percent in the first quarter from 2.2 percent in the preceding period, Sats NZ reported.
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Před 29 dny
Reserve Bank Of New Zealand Cuts Rate By 25 Bps, Signals Further Easing
The Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as expected on Wednesday, and hinted at further easing as recent increases in trade tariffs pose downside risks to economic outlook. The Monetary Policy Committee, led by acting governor Christian Hawkesby, decided to cut the Official Cash Rate by 25 basis points to 3.50 percent, which was the lowest since October 2022.
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Před 37 dny
New Zealand February Trade Surplus NZ$510 Million
New Zealand posted a merchandise trade surplus of NZ$510 million in February, Statistics New Zealand said on Friday.
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Před 57 dny
New Zealand GDP Gains 0.7% In Q4
New Zealand's gross domestic product expanded a seasonally adjusted 0.7 percent on quarter in the fourth quarter of 2024, Statistics New Zealand said on Thursday.
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Před 58 dny
New Zealand Q4 Current Account Deficit NZ$5.9 Billion
New Zealand posted a seasonally adjusted current account deficit of NZ$5.9 billion in the fourth quarter of 2024, Statistics New Zealand said on Wednesday.
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Před 59 dny
