Inflation
Willis rejects Reserve Bank bid to roll over underspend
The move would have lifted its 2026/27 budget to $159m.
Latest from Inflation
Stories and analysis from The Northern Express Herald.
Higher inflation expectations may make price pressures stick – RBNZ economist
Paul Conway is keeping tabs on inflation expectations and firms' price-setting behaviour.
We are going backwards: NZ's real wage growth the worst in the OECD
Kiwis are also working less and producing less per hour worked.
'Relax': OCR hike unlikely to fuel immediate fixed mortgage rate rises or hurt growth
Economists comfortable with Reserve Bank removing some stimulus from the economy.
Economists split as RBNZ weighs knife-edge cash rate call
Markets think the odds are on a Reserve Bank rate hike, but economists are divided.
IMF releases NZ report card. How do political parties’ policies stack up?
IMF broadly happy with Govt's economic management, but says NZ needs a CGT or land tax.
Why taxing a shrinking pool of workers more isn't the way to pay for our ageing population
ANZ chief economist Richard Yetsenga talks tax and productivity with the Herald.
'Milk prices the big mover': Dairy drives May food cost rise
Higher dairy costs, led by 2L milk, drove May's 1.0% rise in food prices.
Liam Dann: No pain, no gain – why the property crash might be good for our economy
OPINION: House values have plunged 35.5% in Auckland and 40% in Wellington.
US-Iran deal brings relief but risks linger, ANZ strategist warns
Some supply chains may ease within weeks, but inflation pressures could linger.
Retail spending bounces back in May as durables drive growth
Fuel spending continues its downward trend following a 17% spike in March.
Higher mortgage rates give Reserve Bank 'bit of breathing space'
Paul Conway would've considered an OCR hike last week if market conditions were different.
Credit rating agency underwhelmed by Govt's belt tightening
S&P Global Ratings wary of how long it's taking to get the books back to surplus.
OCR on hold for now: RBNZ warns rates will rise sooner than expected
The OCR will remain on hold - for now.
Should the Reserve Bank hike rates this week? One economist thinks so
The statement will give the first full forecasts since the Iran war oil shock.
Will petrol still hit $5 a litre – or did we dodge a bullet?
The Economy of Everything podcast examines why the fuel apocalypse hasn't happened yet.
Households fear inflation could hit 5%
Reserve Bank's Household Expectations Survey shows deteriorating outlook.
'Economy is stalling': Iran war oil shock hits jobs and growth outlook
BNZ's Stephen Toplis warns job growth has stalled for 29 straight months.
Liam Dann: Immigration is a political football that ignores economic reality
OPINION: Migrant arrivals have dropped by 100,000 since November 2023 to 133,000.
Petrol and diesel prices surge since Iran war while food costs stay flat, new data shows
Overall food prices rose just 2.6% annually, despite surging fuel costs.
‘Food prices haven’t started to rise yet’: New podcast The Economy of Everything
Liam Dann and Tamsyn Parker unpack how the Iran war is lifting living costs.
New data: Jobless rate dips but wage growth stays muted
New data from Stats NZ showed overall employment holding steady.
Stagflation risks: Oil shock set to test fragile jobs recovery
Economists expect unemployment to hold near 5.4% to 5.5% in the first quarter.
Consumer confidence slumps to three-year low as inflation fears bite
Consumer confidence has fallen 20 points in the past two months.
'Ugly' – business confidence falls again but hopes war shock may be easing
There are signs that the initial confidence shock has dissipated, an ANZ economist says.
Who voted for what – Reserve Bank to start disclosing committee members' views on OCR decisions
Governor Anna Breman wants the Reserve Bank to be more transparent.
Liam Dann: Time for Labour and National to fix the economy together
MMP has created a political inertia that is holding New Zealand's economy back
Editorial: To hold or hike – RBNZ stuck between rock and hard place
OPINION: Inflation is already higher than expected and will climb further with the war.
Going backwards: Fresh data shows New Zealand's economic performance continues to decline
ANALYSIS: Labour productivity rose 0.8% as firms cut workers faster than output fell.
Higher than expected inflation raises odds of May OCR hike
The biggest driver of quarterly inflation was fuel prices.