Stats NZ
NZ economy bounces back with 0.7% growth in December quarter
New Zealand’s economy has turned a corner, posting a 0.7% increase in gross domestic product (GDP) for the December 2024 quarter, according to latest figures released…
Commercial vehicle imports down $469m y/y
Imports of vehicles, parts, and accessories to New Zealand fell $2.95 billion to $8.9 billion in the year to October 2024 compared to the same period…
Vehicle spending down 16.4% y/y
Motor vehicle retail spending was down $5.3 million (2.8%) month-on-month in June, according to the latest Stats NZ data. It saw a total $184m in electronic…
Inflation eases but upside risk remains
New Zealand’s inflation figures are easing with the consumer price index dropping to 6% for the 12 months to June — although not as big as…
Monthly fuel spending down
A $25 million drop in fuel spending was the largest contributor to a monthly drop in retail card transactions in May 2023, while purchases on motor vehicles…
Inflation drops to 6.7%
Inflation has come in lower than market expectations with the consumers price index hitting 6.7% in the 12 months to March, according to Stats NZ figures…
Total greenhouse gas emissions drop in September quarter
Transport emissions were up for the September 2022 quarter despite total greenhouse gas emissions falling 3.5% in the period, according to latest data from Stats NZ…
GDP shrinks in December quarter
Gross domestic product (GDP) fell 0.6% in the December 2022 quarter with nine out of 16 industries including transport and retail trade experiencing a decrease in…
No relief for skill shortages – BusinessNZ
Kirk Hope Latest unemployment data shows no let-up for employers facing skill shortages, says BusinessNZ. Stats NZ shows the seasonally adjusted unemployment rate was 3.3% in the…
Petrol and diesel costs keep inflation figures high
Inflation remains stubbornly hot with transport and higher prices for petrol and diesel contributing to the September 2022 annual figures. The consumers price index increased 7.2% annually in…