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NZ Dollar Outlook Kiwi may fall as CPI looms, eyes on China

NZ Dollar Outlook Kiwi may fall as CPI looms, eyes on China

By Hannah Lynch Oct 15 (BusinessDesk) - The New Zealand may fall this week with inflation figures expected to confirm there is little pressure on the Reserve Bank to raise interest rates and signs growth in the world's second largest economy, China, is slowing. The New Zealand...

14 Oct 2012
NZ service sector contracts for the first time since July 2010

NZ service sector contracts for the first time since July 2010

By Hannah Lynch Oct. 15 (BusinessDesk) - New Zealand's service sector contracted for the first time since July 2010 last month, with the latest survey pointing to a slowing of economic growth in the second half of the year. New orders and sales led the decline. The BNZ-Busines...

14 Oct 2012
NZ annual inflation probably picked up pace to 1.1 percent  in 3Q, driven by food, rates

NZ annual inflation probably picked up pace to 1.1 percent in 3Q, driven by food, rates

By Jonathan Underhill Oct. 15 (BusinessDesk) – Inflation probably quickened in the third quarter, led by a seasonal pickup in food prices and local authority rates in what will be the final period for the consumer price index to hold at historically low annual levels. The consu...

14 Oct 2012