NZD News

Producer price outputs in New Zealand were up 0.4 percent on quarter in the fourth quarter of 2019, Statistics New Zealand said on Thursday, slowing from the 1.0 percent gain in the previous three months.

more...

New Zealand posted a merchandise trade deficit of NZ$340 million in January, Statistics New Zealand said on Thursday.

more...

New Zealand's gross domestic product gained a seasonally adjusted 0.5 percent on quarter in the fourth quarter of 2019, Statistics New Zealand said on Thursday.

more...

Food prices rose an unadjusted 0.7 percent on month in March, Statistics New Zealand said on Wednesday following the flat reading in February.

more...

New Zealand had a merchandise trade surplus of NZ$672 million in March, Statistics New Zealand said on Wednesday - up from NZ$594 million in February.

more...

New Zealand's central bank decided to expand its asset purchase programme to reduce the cost of borrowing as coronavirus, or Covid-19, pandemic is set to lower growth, employment and inflation. The Monetary Policy Committee of the Reserve Bank of New Zealand, on Wednesday, raised the large scale asset purchase programme potential to NZ$60 billion from NZ$33 billion.

more...

Producer price outputs in New Zealand were up 0.1 percent on quarter in the first quarter of 2020, Statistics New Zealand said on Tuesday - slowing from 0.4 percent in the three month prior.

more...

The total volume of retail sales in New Zealand dropped a seasonally adjusted 0.7 percent on quarter, Statistics New Zealand said on Friday - following the downwardly revised flat reading in the three months prior (originally a 0.7 percent increase).

more...

Retail credit card spending in New Zealand was up a seasonally adjusted 79 percent on month in May, Statistics New Zealand said on Thursday.

more...

Food prices in New Zealand were up 2.9 percent on year in May, Statistics New Zealand said on Monday - slowing from the 4.4 percent annual acceleration in April.

more...