close
Economics
4 mins to read

Unemployment, wages head in RBNZ’s desired direction

Unemployment rose a touch above expectations in the June quarter, inflation the big unknown.

BNZ chief economist Mike Jones speaks with Jonathan Mitchell.

The RBNZ cannot yet claim a clear victory over inflation, but new data this week indicates further steps in the desired direction.

Stats NZ data showed unemployment rose to 3.6% in the June quarter, while wage inflation remained elevated. Economists had broadly expected unemployment to hit 3.5%, a

Want to read more? It's easy.

Choose your best value subscription option

Student

NZ uni students have FREE access (valued at $499) to NBR in 2024.
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Unemployment, wages head in RBNZ’s desired direction
Economics,
100187