Stats NZ data shows annual inflation rose to 2.5%, above 2.2% at the end of last year.
With the Moana NZ festival expected to generate $27m in GDP, Auckland’s economic and cultural agency hopes new event could help fill coffers despite reduced council events budget.
Annual migration hits record high, while electronic card spending softens slightly ahead of OCR decision.
Global investment banker also expected RBNZ to be done and dusted hiking, with rate cuts possible later next year.
Annual pace of food price growth slows to near two-year low, according to Stats NZ’s new data set.
The reason for the blow-out in net debt is not because the Government was spending more or earning less.
Adrian Orr says it provides an enormous challenge and opportunity.
Dr David Skilling and former prime minister Helen Clark address key economic and political headwinds for New Zealand.
Bank’s chief economist Mike Jones says recent run of data, including yesterday’s unemployment rate, supports an OCR cut earlier than forecast.
Faster than expected, slightly above the RBNZ's August Monetary Policy Statement forecast.