Up to Date

  • 12 July 2018 Economic Update

    Main Risks Offshore Its school holidays time so this week’s Overview is just a quick snapshot of some of what is going on out there in the economic sphere. Internationally things continue to edge back from a strong growth outlook. In the UK a change in Prime … Read more

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  • July 5 2018 Economic Market Update – Tony Alexander

    Businesses Glum The stimulus to NZ growth and extent of housing market pressures from net migration flows continued to ease in May. There was a seasonally adjusted net migration inflow during the month of 5,090 people which was the third lowest monthly total in three years. The annual … Read more

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  • 28 June 2018 Economic Market Update

    From Tony Alexander, BNZ Economist Migration Stimulus Easing Slowly The stimulus to NZ growth and extent of housing market pressures from net migration flows continued to ease in May. There was a seasonally adjusted net migration inflow during the month of 5,090 people which was … Read more

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  • Tony Alexander Market Update 10 May 2018

    Loose Monetary Policy To Stay The economic data highlight for this week was the Monetary Policy Statement released by the Reserve Bank this morning. This is something they do every three months in conjunction with their near six-weekly review of the official cash rate and as had been universally … Read more

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  • Tony Alexander Economic Roundup for week of 3rd August 2017

    Labour Market Fundamentally Strong The data highlight for us economists this week was not the number ten – representing days in the job for Mr Scaramucci. Instead it was yesterday’s collection of numbers showing the state of our labour market in the Household Labour Force Survey and Labour Cost Index. … Read more

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  • Tony Alexander Economic Roundup for Week of 20th July 2017

    Low Inflation Locked In The theme when it comes to inflation post-GFC is that surprises lie almost all of the time on the low side. That is, expectations of high or rising inflation have almost always been dashed in every economy for the past eight years. We saw an example … Read more

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  • Tony Alexander Economic Roundup for week of 11th May 2017.

    Retail Spending Strong Sort Of Fresh economic data have been fairly thin on the ground this week. We learnt that core retail spending using debit and credit cards rose 1.4% in April to deliver an annualised pace of growth in the most recent three months of 5.4%. This is slightly … Read more

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  • Tony Alexander Economic Roundup for week of 20th April 2017.

    Higher Inflation This morning we learnt that New Zealand’s inflation rate has lifted from 1.3% to 2.2%. Core inflation measured as non-tradeables inflation has risen to 2.5% and trimming away the top and bottom 10% of items rising and falling gives inflation at 2.2%. Excluding food and energy … Read more

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  • Tony Alexander Economic Roundup for Week of 7th April 2017

    Last Friday we learnt from the ANZ’s monthly business survey that like consumers businesses have become a tad less confident about the economy recently. Only a net 11% of businesses early in March felt that the economy would improve over the coming year. This is the lowest reading … Read more

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