With the economy still in a deep recession and unemployment elevated, the prospect of a 75 basis point cut by the Reserve ...

Consumer prices rose 2.2% in 2024 as high interest rates slowed economic activity and falling import costs eased inflation ...

The latest rising inflation was offset by lower petrol prices, which was down 9.2 per cent, partially due to the removal of ...

New Zealand says inflation in the fourth quarter was at an annual rate of 2.2%, comfortably within the central bank’s target ...

The New Zealand sharemarket posted a small loss as inflation remained under control, prompting renewed calls for a big ...

The NZD/USD exchange rate stabilized after crashing hard in the past few months. It was trading at 0.5600 on Monday morning, ...

People leaving New Zealand hit record levels in the year to November 2024, in another sign of the weakness in the country’s ...

“This set of figures paves the way for a 50bp RBNZ cut at the 19 February meeting, which markets are now fully pricing in. We ...

Consumer prices in New Zealand were up 2.2 percent on year in the fourth quarter of 2024, Statistics New Zealand said on Wednesday.

Moreover, the USD could recover its recent losses in the near term as the US Federal Reserve (Fed) is expected to maintain ...

Economists believe Statistics New Zealand data due out on Wednesday morning will show the annual inflation rate remained at 2 ...

Annual inflation is likely to have ended 2024 close to the Reserve Bank's target, as domestic price pressures continue to ...