Advertisement
New Zealand Inflation Climbs 6.0% On Year In Q2
(RTTNews) - New Zealand's consumer prices rose 6.0 percent on year in the second quarter of 2023, Statistics New Zealand said on Wednesday.
That exceeded expectations for an increase of 5.9 percent and was down from 6.7 percent in the previous three months.
On a seasonally adjusted quarterly basis, inflation rose 1.1 percent - again topping forecasts for 1.0 percent and easing from 1.2 percent in the three months prior.
The quarterly tradeable inflation rate was 0.8 percent and the non-tradeable inflation rate was 1.3 percent.
The annual tradeable inflation rate was 5.2 percent and the non-tradeable inflation rate was 6.6 percent.
read more
New Zealand Has NZ$578 Million Trade Deficit
New Zealand posted a merchandise trade deficit of NZ$578 million in July, Statistics New Zealand said on Thursday.
RTTNews
|
2 days ago
New Zealand Hints At More Interest Rate Cuts
The Reserve Bank of New Zealand reduced its key interest rate by 25 basis points to a three-year low and hinted at further easing on Wednesday. The Monetary Policy Committee, governed by Christian Hawkesby, voted to lower the Official Cash Rate to 3 percent from 3.25 percent. The bank has reduced the rate by 250 basis points since August 2024.
RTTNews
|
2 days ago
New Zealand Services Index Improves To 48.9 - BusinessNZ
The services sector in New Zealand continued to contract in July, albeit at a slower rate, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 48.9.
RTTNews
|
5 days ago
New Zealand Manufacturing Sector Expands In July - BusinessNZ
The manufacturing sector in New Zealand moved up into expansion territory in July, BusinessNZ said on Friday with a seasonally adjusted Performance of Manufacturing Index score of 52.8.
RTTNews
|
8 days ago
New Zealand Jobless Rate Climbs To 5.2% In Q2
The unemployment rate in New Zealand came in at a seasonally adjusted 5.2 percent in the second quarter of 2025, Statistics New Zealand said on Wednesday.
RTTNews
|
17 days ago
New Zealand Has NZ$142 Million Trade Surplus In June
New Zealand posted a seasonally adjusted merchandise trade surplus of NZ$142 million in June, Statistics New Zealand said on Tuesday.
RTTNews
|
32 days ago
New Zealand Annual Inflation Climbs 2.7% In Q2
Consumer prices in New Zealand were up 2.7 percent on year in the second quarter of 2025, Statistics New Zealand said on Monday - up from 2.5 percent in the three months prior but shy of expectations for 2.8 percent.
RTTNews
|
33 days ago
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
RTTNews
|
36 days ago
