NZD News

Retail sales values in New Zealand plummeted 15 percent on quarter in the second quarter of 2020 during the COVID-19 lockdown, Statistics New Zealand said on Monday - marking the largest drop on record going back 25 years.

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New Zealand had a merchandise trade surplus of NZ$282 million in July, Statistics New Zealand said on Wednesday - down from NZ$426 million in June.

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New Zealand's gross domestic product saw its largest ever drop in the second quarter of 2020, tumbling 12.2 percent, Statistic

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New Zealand had a merchandise trade deficit of NZ$353 million in August, Statistics New Zealand said on Thursday.

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The volume of manufacturing sales in New Zealand was up 3.1 percent on year in the third quarter of 2020, Statistics New Zealand said on Wednesday.

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The number of building permits issued in New Zealand advanced a seasonally adjusted 1.2 percent on month in November, Statistics New Zealand said on Thursday, standing at 3,881.

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Consumer prices in New Zealand jumped 1.4 percent on year in the fourth quarter of 2020, Statistics New Zealand said on Friday - unchanged from the previous three months and exceeding expectations for an increase of 1.0 percent.

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New Zealand had a merchandise trade surplus of NZ$17 million in December, Statistics New Zealand said on Thursday - following the NZ$252 million surplus in November.

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The total number of building permits issued in New Zealand in December was up a seasonally adjusted 4.9 percent on month in December, Statistics New Zealand said on Thursday - coming in at 3,751.

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The volume of retail sales in New Zealand jumped 4.8 percent on year in the fourth quarter of 2020, Statistics New Zealand said on Tuesday - down from 8.3 percent in the three months prior.

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