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NZ inflation edges closer to RBNZ's mid-point as economy soaks up capacity
July 14 (BusinessDesk) - New Zealand business confidence fell from a 20-year high in the second quarter, based on the Quarterly Survey of Business Opinion, but most economists focussed on signs in the survey that inflation is accelerating. The consumer price index rose 0.4 per...
NZ Dollar Outlook: Kiwi may test post-float high as inflation looms
By Paul McBeth July 14 (BusinessDesk) - The New Zealand dollar may test a post-float record this week with second-quarter inflation figures likely to underline the Reserve Bank's path to higher interest rates, though the currency may struggle to hold those gains. The kiwi m...
NZ service sector expands in June, rounding out buoyant second quarter
By Suze Metherell July 14 (BusinessDesk) - New Zealand service sector activity, which accounts for about two thirds of the economy, rose in June to round out a second quarter almost as buoyant as the first three months of the year. Today's reading comes after the PSI's ...
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