The inflation beast is back in its cave
Economy

The inflation beast is back in its cave

The RBNZ will likely cut by another 50bps in February, but then the pace will slow.

Rebecca Howard 23 Jan 2025
Annual inflation at 2.2% in December quarter
Economy

Annual inflation at 2.2% in December quarter

The lift follows a 2.2% increase in the 12 months to the September quarter.

Rebecca Howard 22 Jan 2025
December inflation likely on target
Economy

December inflation likely on target

Annual inflation likely around 2.1%-2.2% in the December quarter.

Rebecca Howard 20 Jan 2025
Manufacturing activity has contracted for 22 consecutive months
Economy

Manufacturing activity has contracted for 22 consecutive months

New Zealand’s manufacturing sector contracted in December, marking the first time in the survey’s history that all 12 months were in contraction. The seasonally adjusted Performance of Manufacturing Index (PMI) for December was 45.9, up from 45.2 in November but still well below...

Rebecca Howard 17 Jan 2025