Central banks across the APAC region cut interest rates through 2020 to mitigate economic strains stemming from the COVID-19 crisis. Many countries have little if any room for further cuts but will keep rates low until the global recovery strengthens. Fiscal policy and other monetary measures such as quantitative easing will need to be leveraged in these unprecedented times. The COVID-19 economic backlash prompted central banks across the APAC region...
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GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Private Consumption | 2020 Q2 | 40,263 | 45,772 | Mil. NZD, SA | Quarterly |
Real Private Consumption | 2020 Q2 | 35,197 | 40,040 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Real Government Consumption | 2020 Q2 | 12,736 | 12,525 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Nominal Gross Domestic Product | 2020 Q2 | 71,240 | 79,235 | Mil. NZD, SA | Quarterly |
Real Investment | 2020 Q2 | 10,351 | 14,604 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2020 Q2 | 14,439 | 18,181 | Mil. NZD, SA | Quarterly |
Government Consumption | 2020 Q2 | 15,654 | 15,368 | Mil. NZD, SA | Quarterly |
Real Gross Domestic Product | 2020 Q2 | 57,534 | 63,771 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Investment | 2020 Q2 | 14,439 | 18,181 | Mil. NZD, SA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2020 Q2 | 12,368 | 15,609 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | 2020 Q4 | 1,059 | 1,054 | Index 2017Q2=1000, NSA | Quarterly |
Producer Price Index (PPI) | 2020 Q3 | 1,161 | 1,154 | Index 2010=1000, NSA | Quarterly |
Labor | Reference | Last | Previous | Units | Frequency |
Tertiary Industries Employment | 2020 | 1,367,300 | 1,345,300 | # | Annual |
Total Employment | 2020 | 2,317,300 | 2,285,000 | # | Annual |
Wage & Salaries | 2020 Q3 | 2,081,927 | 2,024,588 | Ths. NZD, SA | Quarterly |
Labor Force Employment | 2020 Q3 | 2,709 | 2,731 | Ths. #, SA | Quarterly |
Labor Force | 2020 Q3 | 2,860 | 2,845 | Ths. #, SA | Quarterly |
Unemployment Rate | 2020 Q3 | 5.3 | 4 | %, SA | Quarterly |
Unemployment | 2020 Q3 | 151 | 114 | Ths. #, SA | Quarterly |
Agriculture Employment | 2017 | 176,765 | 169,705 | # | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Balance of Goods | Nov 2020 | 252.11 | -472.02 | Mil. NZD, NSA | Monthly |
Exports of Goods | Nov 2020 | 5,204 | 4,797 | Mil. NZD, NSA | Monthly |
Imports of Goods | Nov 2020 | 4,952 | 5,269 | Mil. NZD, NSA | Monthly |
Current Account Balance | 2020 Q3 | -438 | 571 | Mil. NZD, SA | Quarterly |
Exports of Goods and Services | 2020 Q2 | 18,633 | 21,943 | Mil. NZD, SA | Quarterly |
Real Exports of Goods and Services | 2020 Q2 | 15,213 | 18,064 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Real Imports of Goods and Services | 2020 Q2 | 16,100 | 21,342 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Net Exports | 2020 Q2 | 2,135 | 479 | Mil. NZD, SA | Quarterly |
Real Net Exports | 2020 Q2 | -887 | -3,278 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Imports of Goods and Services | 2020 Q2 | 16,498 | 21,464 | Mil. NZD, SA | Quarterly |
Markets | Reference | Last | Previous | Units | Frequency |
Treasury Bills (over 31 days) | 25 Jan 2021 | 0.26 | 0.26 | % p.a., NSA | Business Daily |
Average Long-term Government Bond | 25 Jan 2021 | 1.06 | 1.08 | % p.a., NSA | Business Daily |
Lending Rate | 25 Jan 2021 | 0.25 | 0.25 | Percent, NSA | Daily |
Stock Market Index | 21 Jan 2021 | 13,112 | 13,026 | 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 | Dec 2020 | 749,000 | 749,000 | NZD, NSA | Monthly |
Building Permits | Nov 2020 | 2,271,871,453 | 2,119,461,520 | NZD, NSA | Monthly |
Non-residential Building Permits | Nov 2020 | 703,393,947 | 509,504,450 | NZD, NSA | Monthly |
Residential Building Permits | Nov 2020 | 1,534,184,136 | 1,539,702,232 | NZD, NSA | Monthly |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | 2020 Q4 | 106 | 95.1 | Index, NSA | Quarterly |
Personal Income | 2020 Q3 | 174.08 | 173.35 | Index 2005=100, SA | Quarterly |
Retail Sales | 2020 Q3 | 26,573 | 20,723 | Mil. NZD, SA | Quarterly |
Business | Reference | Last | Previous | Units | Frequency |
Business Confidence | Dec 2020 | 9.4 | -6.9 | %, NSA | Monthly |
Capacity Utilization | Dec 2020 | 9.3 | 5.9 | %, NSA | Monthly |
Change in Inventories | 2020 Q2 | -1,504 | -706 | Mil. NZD, SA | Quarterly |
Real Change in Inventories | 2020 Q2 | -1,129 | -511 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Demographics | Reference | Last | Previous | Units | Frequency |
Births | 2020 Q3 | 14,244 | 14,202 | #, NSA | Quarterly |
Deaths | 2020 Q3 | 8,394 | 8,052 | #, NSA | Quarterly |
Population | 2020 Q2 | 5,025,000 | 5,017,800 | #, 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 |