Download the full Asia-Pacific Daily Briefing Australia is joining a growing list of economies proving that the final mile of bringing down inflation is the hardest. Having sprinted lower in the back end of 2023, headline inflation is struggling to keep that momentum going. In March, inflation ticked up to 3.5% year over year from 3.4% in January and February. That uptick moderated progress across the full March quarter; we and the markets had expected...
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GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Private Consumption | 2023 Q4 | 44,371 | 44,166 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Private Consumption | 2023 Q4 | 59,733 | 58,992 | Mil. NZD, SA | Quarterly |
Government Consumption | 2023 Q4 | 22,054 | 21,567 | Mil. NZD, SA | Quarterly |
Real Investment | 2023 Q4 | 16,142 | 17,672 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Nominal Gross Domestic Product | 2023 Q4 | 102,026 | 102,689 | Mil. NZD, SA | Quarterly |
Investment | 2023 Q4 | 25,272 | 25,143 | Mil. NZD, SA | Quarterly |
Real Gross Domestic Product | 2023 Q4 | 70,568 | 70,569 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2023 Q4 | 25,272 | 25,143 | Mil. NZD, SA | Quarterly |
Real Government Consumption | 2023 Q4 | 14,442 | 14,417 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2023 Q4 | 17,690 | 17,746 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | 2024 Q1 | 1,267 | 1,259 | Index 2017Q2=1000, NSA | Quarterly |
Producer Price Index (PPI) | 2023 Q4 | 1,384 | 1,371 | Index 2010=1000, NSA | Quarterly |
Labor | Reference | Last | Previous | Units | Frequency |
Wage & Salaries | 2023 Q4 | 3,072,269,390 | 3,047,480,280 | NZD, SA | Quarterly |
Total Employment | 2023 | 2,462,000 | 2,391,000 | # | Annual |
Tertiary Industries Employment | 2023 | 1,446,400 | 1,388,000 | # | Annual |
Unemployment | 2023 Q4 | 122 | 119 | Ths. #, SA | Quarterly |
Labor Force Employment | 2023 Q4 | 2,939 | 2,927 | Ths. #, SA | Quarterly |
Labor Force | 2023 Q4 | 3,061 | 3,046 | Ths. #, SA | Quarterly |
Unemployment Rate | 2023 Q4 | 4 | 3.9 | %, SA | Quarterly |
Agriculture Employment | 2017 | 176,765 | 169,705 | # | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Balance of Goods | Mar 2024 | 587.58 | -314.65 | Mil. NZD, NSA | Monthly |
Exports of Goods | Mar 2024 | 6,497 | 5,789 | Mil. NZD, NSA | Monthly |
Imports of Goods | Mar 2024 | 5,909 | 6,103 | Mil. NZD, NSA | Monthly |
Current Account Balance | 2023 Q4 | -6,866 | -6,699 | Mil. NZD, SA | Quarterly |
Exports of Goods and Services | 2023 Q4 | 24,033 | 23,946 | Mil. NZD, SA | Quarterly |
Real Imports of Goods and Services | 2023 Q4 | 22,060 | 22,712 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Real Net Exports | 2023 Q4 | -4,282 | -5,485 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Real Exports of Goods and Services | 2023 Q4 | 17,778 | 17,227 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Net Exports | 2023 Q4 | -3,277 | -3,551 | Mil. NZD, SA | Quarterly |
Imports of Goods and Services | 2023 Q4 | 27,310 | 27,497 | Mil. NZD, SA | Quarterly |
Markets | Reference | Last | Previous | Units | Frequency |
Average Long-term Government Bond | 26 Apr 2024 | 4.98 | % p.a., NSA | Business Daily | |
Treasury Bills (over 31 days) | 26 Apr 2024 | 5.6 | % p.a., NSA | Business Daily | |
Lending Rate | 26 Apr 2024 | 5.5 | 5.5 | Percent, NSA | Daily |
Stock Market Index | 24 Apr 2024 | 11,946 | 11,803 | Index, NSA | Daily |
Money Market Rate | 03 Jan 2019 | 1.69 | % p.a., NSA | Business Daily | |
Business Lending Rate | Jan 2017 | 4.67 | 4.6 | % p.a., NSA | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
House Price Value | Mar 2024 | 800,000 | 790,000 | NZD, NSA | Monthly |
Non-residential Building Permits | Feb 2024 | 863,527,900 | 962,766,384 | NZD, NSA | Monthly |
Building Permits | Feb 2024 | 2,449,723,915 | 2,045,910,303 | NZD, NSA | Monthly |
Residential Building Permits | Feb 2024 | 1,541,029,380 | 1,052,966,115 | NZD, NSA | Monthly |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | 2024 Q1 | 93.2 | 88.9 | Index, NSA | Quarterly |
Personal Income | 2023 Q4 | 220.53 | 218.78 | Index 2005=100, SA | Quarterly |
Retail Sales | 2023 Q4 | 30,055 | 30,514 | Mil. NZD, SA | Quarterly |
Business | Reference | Last | Previous | Units | Frequency |
Capacity Utilization | Mar 2024 | 11.7 | 10.8 | %, NSA | Monthly |
Business Confidence | Mar 2024 | 22.9 | 34.7 | %, NSA | Monthly |
Change in Inventories | 2023 Q4 | -1,736 | 882 | Mil. NZD, SA | Quarterly |
Real Change in Inventories | 2023 Q4 | -1,309 | 681 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Demographics | Reference | Last | Previous | Units | Frequency |
Population | 2023 Q4 | 5,305,600 | 5,279,900 | #, NSA | Quarterly |
Births | 2023 Q4 | 14,013 | 14,058 | #, NSA | Quarterly |
Deaths | 2023 Q4 | 9,420 | 10,035 | #, NSA | Quarterly |
Net Migration | 2017 | 74,403 | # | Annual | |
Birth Rate | 2016 | 12.65 | 13.27 | # per Ths. pop. | Annual |
Death Rate | 2016 | 6.64 | # per Ths. pop. | Annual |