NZD News

Overall credit card spending in New Zealand eased a seasonally adjusted 0.3 percent on month in December, Statistics New Zealand said on Wednesday.

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Food prices in New Zealand gained 0.3 percent on month in December, Statistics New Zealand said on Thursday.

This follows the 0.5 percent decline in November and the flat reading in October.

"Higher prices for fruit, yogurt, and chicken were partly countered by lower prices for some dairy products," prices manager Chris Pike said.

In December, fruit and vegetable prices climbed 1.4 percent, influenced by higher fruit prices (up 4.2 percent), including kiwifruit, apples, and oranges. Lower vegetable prices (down 0.8 percent) were influenced by price falls for tomatoes, broccoli, and lettuce, partly offset by higher prices for potatoes and pumpkin.


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The manufacturing sector in New Zealand expanded at an accelerated pace in December, the latest survey from Business-NZ revealed on Thursday, with a PMI score of 57.7.

NZDUSD M5: 11 pips price movement by NZD - Performance of Manufacturing Index news event :

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The total number of job ads in New Zealand was up 0.8 percent on month in December, the latest survey from ANZ Bank showed on Thursday.

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New Zealand had a merchandise trade deficit of NZ$159 million in December, Statistics New Zealand said on Thursday.

That missed forecasts for a surplus of NZ$75 million following the downwardly revised NZ$285 million shortfall in November (originally -NZ$213 million).

Exports were down 6.9 percent on year to NZ$4.42 billion, while imports climbed an annual 7.6 percent to NZ$4.58 billion.

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The number of building permits issued in New Zealand declined in December, figures from Statistics New Zealand showed Friday.

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New Zealand house prices continued to grow in January, latest figures from Quotable Value showed Tuesday.

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Food prices in New Zealand climbed 1.3 percent on month in January, Statistics New Zeal and said on Friday.

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New Zealand Job Advertisements declined in January after rising in the previous month, the results of a survey by ANZ showed Thursday.

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New Zealand's credit card spending increased in January after declining in the previous month, figures from the Reserve Bank of New Zealand showed Monday.

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