New Zealand June Trade Surplus Has NZ$9 Million

RTTNews | 766 ngày trước
New Zealand June Trade Surplus Has NZ$9 Million

(RTTNews) - New Zealand posted a merchandise trade surplus of NZ$9 million in June, Statistics New Zealand said on Monday.

That was well shy of expectations for a surplus of NZ$235 million following the upwardly revised NZ$52 million surplus in May (originally NZ$46 million).

Exports were worth NZ$6.31 billion, easing from the downwardly revised NZ$6.97 billion in the previous month (originally NZ$6.99 billion).

Imports came in at NZ$6.30 billion, down from the downwardly revised NZ$6.91 billion a month earlier (originally NZ$6.95 billion).

read more
New Zealand Retail Sales Climb 0.5% In Q2

New Zealand Retail Sales Climb 0.5% In Q2

The total volume of retail sales in New Zealand was up a seasonally adjusted 0.5 percent on quarter in the second quarter of 2025, Statistics New Zealand said on Monday - coming in at NZ$25 billion.
RTTNews | 3 ngày trước
New Zealand Hints At More Interest Rate Cuts

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 | 8 ngày trước
New Zealand Services Index Improves To 48.9 - BusinessNZ

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 | 10 ngày trước
New Zealand Jobless Rate Climbs To 5.2% In Q2

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 | 22 ngày trước
New Zealand Annual Inflation Climbs 2.7% In Q2

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 | 38 ngày trước