New Zealand GDP Slips 0.1% In Q4

RTTNews | 50日前
New Zealand GDP Slips 0.1% In Q4

(RTTNews) - Singapore's gross domestic product contracted a seasonally adjusted 0.1 percent on quarter in the fourth quarter of 2023, Statistics New Zealand said on Thursday.

That was shy of forecasts for an increase of 0.1 percent following the 0.3 percent decline in the previous three months as the country remains in recession.

Expenditure on GDP was flat on quarter, while GDP per capita fell 0.7 percent and real gross national disposable income fell 1.4 percent. Expenditure on GDP fell 0.6 percent and income GDP was down 0.6 percent.

On an annualized basis, GDP fell 0.3 percent - again missing forecasts for a gain of 0.1 percent after sinking 0.6 percent in the third quarter.

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New Zealand Building Consents Ease 0.2% In March

New Zealand Building Consents Ease 0.2% In March

The total number of building permits issued in New Zealand was down a seasonally adjusted 0.2 percent on month in March, Statistics New Zealand said on Thursday - coming in at 2,931.
RTTNews | 8日前
New Zealand Manufacturing PMI Falls To 47.1 - BusinessNZ

New Zealand Manufacturing PMI Falls To 47.1 - BusinessNZ

The manufacturing sector in New Zealand continued to contract in March, and at a faster pace, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 47.1.
RTTNews | 28日前
New Zealand Central Bank Holds Key Rate As Widely Expected

New Zealand Central Bank Holds Key Rate As Widely Expected

New Zealand's central bank left its benchmark rate unchanged for the sixth straight session as widely expected on Wednesday, as higher rates help to bring inflation to the target range. The Monetary Policy Committee of the Reserve Bank of New Zealand, led by Governor Adrian Orr, decided to hold the Official Cash Rate at 5.50 percent.
RTTNews | 29日前