New Zealand’s jobless rate rose to a four-year high at the end of last year as hiring fell in the wake of a sharp recession.
A top New Zealand central banker said on Wednesday the official interest rate will move towards a lower, neutral level in the ...
With the economy still in a deep recession and unemployment elevated, the prospect of a 75 basis point cut by the Reserve ...
Trump has introduced trade tariffs on Mexico, Canada and China and there is a warning it could mean interest rates stay ...
New Zealands central bank is moving toward a lower neutral interest rate as inflation subsides and pandemic-related ...
New Zealand says inflation in the fourth quarter was at an annual rate of 2.2%, comfortably within the central bank’s target ...
More than 21,000 lifejackets are being recalled after a fault was discovered in a mechanism affecting how they inflate. The Ministry of Business, Innovation and Employment (MBIE) and Maritime New ...
Statistics New Zealand data showed Wednesday in Wellington. The Reserve Bank and economists’ expectation was for a 2.1% gain. Consumer prices advanced 0.5% from the third quarter, matching estimates.
(Bloomberg) -- New Zealand’s annual inflation was unexpectedly steady in the final three months of last year, remaining above the midpoint of the central bank’s target band even as domestic ...
New Zealand, which has a population of just 5.3 million, has seen its economy struggle over the last couple of years as the ...
NEW Zealand’s annual inflation was unexpectedly steady in the final three months of last year, remaining above the midpoint of the central bank’s target band even as domestic price pressures eased.