Economy

Reserve Bank acting governor Grant Spencer is expected to hold the OCR where it is

Modest GDP growth won't pressure Reserve Bank

Thu 21 Sep

The latest figures are consistent with New Zealand’s long-term growth trend.

National accounts senior manager Gary Dunnet says “Demand for exports has resulted in strong production growth"

Economy expands in second quarter from increased demand

Thu 21 Sep 1

The results are in line with expectations as export and domestic demand underpinned growth.

Westpac chief economist Dominick Stephens said "Large numbers of households are reporting that their financial position has improved"

Consumer confidence dips in September on future worries

Tue 19 Sep

Current sentiment is positive though.

BNZ senior economist Craig Ebert said "The expansion continue to be underpinned by the services sector"

Services sector expands in August

Mon 18 Sep

PSI shows 4% annual GDP growth.

Lamb exports to UK drop to record low

Mon 18 Sep 5

"The UK lamb market is slowly becoming less pivotal to NZ exporters," AgriHQ analyst Reece Brick said.

 NZ Institute of Economic Research chief economist Christina Leung says the outlook for business investment is on the up from next year

GDP data will provide economic backdrop to polling day

Mon 18 Sep

There are pre-election business nerves but they will probably affect next quarter's GDP figures, not the data being released t week. 

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