The RBNZ left the official cash rate on hold at 5.5%, with no rate cuts on the cards this year.
Demand improves but deep structural shifts in China, plus climate and geopolitical factors, could rattle dairy prices in 2024.
Stats NZ data out today shows retail spending using electronic cards fell in December, amid high interest rates, inflation, and Covid-19.
NZIER’s quarterly survey of business opinion improved in the December quarter, but Business NZ's Kirk Hope says the next 12 months will remain difficult for companies.
CPI increase seen as modest, with Fed done and dusted on further rate hikes.
And Stats NZ data today shows a slump in building consents despite an ongoing rise in migration.
Fonterra lifted its farmgate milk price forecast last month after improving market conditions.
OCR cuts possible from later this year, with Donald Trump set to shape year ahead in politics.
NBR asks leading economists about their economic predictions and why we should listen.
Economic growth could average 1.5%, while unemployment could peak at 5.2%, according to the Treasury.