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New Zealand Producer Price Inputs Rise 0.9% On Quarter In Q4
(RTTNews) - Producer price inputs in New Zealand were up 0.9 percent on quarter in the fourth quarter of 2023, Statistics New Zealand said on Wednesday.
That exceeded forecasts for an increase of 0.4 percent but was down from 1.2 percent in the previous three months.
PPI outputs were up 0.7 percent on quarter, also topping estimates for 0.4 percent and down from 0.8 percent in the three months prior.
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New Zealand Building Permits Jump 7.2% In September
The total number of building permits issued in New Zealand was up a seasonally adjusted 7.2 percent on month in September, Statistics New Zealand said on Monday - coming in at 3,747.
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New Zealand Annual Inflation Climbs 3.0% On Year
Consumer prices in New Zealand were up 3.0 percent on year in the third quarter of 2025, Statistics New Zealand said on Monday - in line with expectations and up from 2.7 percent in the three months prior.
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No Change For New Zealand Performance Of Manufacturing Index - BusinessNZ
The manufacturing sector in New Zealand continued to contract in September, albeit barely, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 49.9.
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New Zealand Cuts Rate By 50 Bps; Signals More Easing
The Reserve Bank of New Zealand reduced its benchmark rate at a steeper-than-expected pace on Wednesday and signaled further reductions. The Monetary Policy Committee, chaired by Christian Hawkesby, decided to cut the overnight cash rate by 50 basis points to 2.50 percent, the lowest since July 2022. The reduction was steeper than the quarter-point cut anticipated by economists.
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New Zealand Building Consents Climb 5.8 Percent In August
The total number of building permits issued in New Zealand was up a seasonally adjusted 5.8 percent on month in August, Statistics New Zealand said on Wednesday - up from 5.3 percent in July.
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New Zealand Has NZ$1.185 Billion Trade Deficit
New Zealand posted a seasonally adjusted merchandise trade deficit of NZ$1.185 billion in August, Statistics New Zealand said on Friday.
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New Zealand Services Index Slumps In August - BusinessNZ
The services sector in New Zealand continued to contract in August, and at a faster pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 47.5.
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New Zealand Manufacturing Index Slips Into Contraction - BusinessNZ
The manufacturing sector in New Zealand dropped into contraction territory in August, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 49.9.
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