In what may be New Zealand’s biggest climate event, severe rainfall from late January has brought flooding across the North Island. The insurance bill from substantial damage to homes, infrastructure and agriculture will be significant, and the economic impact will spill into 2024. Already elevated inflation will spike in the first half of 2023 on the back of disrupted food supplies and a jump in construction costs. New Zealand’s food...
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GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Private Consumption | 2022 Q3 | 43,333 | 43,390 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Private Consumption | 2022 Q3 | 54,661 | 53,835 | Mil. NZD, SA | Quarterly |
Nominal Gross Domestic Product | 2022 Q3 | 97,599 | 94,915 | Mil. NZD, SA | Quarterly |
Government Consumption | 2022 Q3 | 20,153 | 20,160 | Mil. NZD, SA | Quarterly |
Real Government Consumption | 2022 Q3 | 14,668 | 14,878 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Real Investment | 2022 Q3 | 18,560 | 18,264 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2022 Q3 | 18,601 | 18,014 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2022 Q3 | 25,048 | 23,861 | Mil. NZD, SA | Quarterly |
Real Gross Domestic Product | 2022 Q3 | 71,612 | 70,211 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Investment | 2022 Q3 | 25,048 | 23,861 | Mil. NZD, SA | Quarterly |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | 2022 Q4 | 1,203 | 1,186 | Index 2017Q2=1000, NSA | Quarterly |
Producer Price Index (PPI) | 2022 Q3 | 1,351 | 1,340 | Index 2010=1000, NSA | Quarterly |
Labor | Reference | Last | Previous | Units | Frequency |
Wage & Salaries | 2022 Q4 | 2,773,613,470 | 2,705,458,260 | NZD, SA | Quarterly |
Tertiary Industries Employment | 2022 | 1,391,200 | 1,344,600 | # | Annual |
Total Employment | 2022 | 2,392,500 | 2,314,900 | # | Annual |
Labor Force Employment | 2022 Q4 | 2,855 | 2,851 | Ths. #, SA | Quarterly |
Unemployment Rate | 2022 Q4 | 3.4 | 3.3 | %, SA | Quarterly |
Unemployment | 2022 Q4 | 99 | 97 | Ths. #, SA | Quarterly |
Labor Force | 2022 Q4 | 2,954 | 2,948 | Ths. #, SA | Quarterly |
Agriculture Employment | 2017 | 176,765 | 169,705 | # | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Imports of Goods | Dec 2022 | 7,192 | 8,519 | Mil. NZD, NSA | Monthly |
Exports of Goods | Dec 2022 | 6,716 | 6,339 | Mil. NZD, NSA | Monthly |
Balance of Goods | Dec 2022 | -475.39 | -2,179 | Mil. NZD, NSA | Monthly |
Current Account Balance | 2022 Q3 | -5,937 | -7,270 | Mil. NZD, SA | Quarterly |
Real Imports of Goods and Services | 2022 Q3 | 22,146 | 21,826 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Net Exports | 2022 Q3 | -2,919 | -3,543 | Mil. NZD, SA | Quarterly |
Real Exports of Goods and Services | 2022 Q3 | 16,999 | 15,770 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Exports of Goods and Services | 2022 Q3 | 25,224 | 22,845 | Mil. NZD, SA | Quarterly |
Real Net Exports | 2022 Q3 | -5,147 | -6,056 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Imports of Goods and Services | 2022 Q3 | 28,143 | 26,388 | Mil. NZD, SA | Quarterly |
Markets | Reference | Last | Previous | Units | Frequency |
Average Long-term Government Bond | 09 Feb 2023 | 4.12 | 4.14 | % p.a., NSA | Business Daily |
Treasury Bills (over 31 days) | 09 Feb 2023 | 4.66 | 4.63 | % p.a., NSA | Business Daily |
Lending Rate | 09 Feb 2023 | 4.25 | 4.25 | Percent, NSA | Daily |
Stock Market Index | 08 Feb 2023 | 12,211 | 12,128 | Index, NSA | Daily |
Money Market Rate | 03 Jan 2019 | 1.69 | % p.a., NSA | Business Daily | |
Business Lending Rate | Jan 2017 | 4.67 | 4.6 | % p.a., NSA | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
Building Permits | Dec 2022 | 2,525,211,253 | 3,036,311,614 | NZD, NSA | Monthly |
Residential Building Permits | Dec 2022 | 1,631,892,317 | 2,150,942,933 | NZD, NSA | Monthly |
Non-residential Building Permits | Dec 2022 | 856,385,655 | 829,639,886 | NZD, NSA | Monthly |
House Price Value | Dec 2022 | 790,000 | 810,000 | NZD, NSA | Monthly |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | 2022 Q4 | 75.6 | 87.6 | Index, NSA | Quarterly |
Personal Income | 2022 Q3 | 209.43 | 208.33 | Index 2005=100, SA | Quarterly |
Retail Sales | 2022 Q3 | 29,875 | 29,157 | Mil. NZD, SA | Quarterly |
Business | Reference | Last | Previous | Units | Frequency |
Business Confidence | Jan 2023 | -52 | -70.2 | %, NSA | Monthly |
Capacity Utilization | Jan 2023 | -5.3 | -14.3 | %, NSA | Monthly |
Change in Inventories | 2022 Q3 | 422 | 433 | Mil. NZD, SA | Quarterly |
Real Change in Inventories | 2022 Q3 | 479 | 259 | Mil. Ch. 2009/2010 NZD, SA | Quarterly |
Demographics | Reference | Last | Previous | Units | Frequency |
Population | 2022 Q3 | 5,127,400 | 5,119,400 | #, NSA | Quarterly |
Deaths | 2022 Q3 | 10,812 | 9,960 | #, NSA | Quarterly |
Births | 2022 Q3 | 14,646 | 14,682 | #, NSA | Quarterly |
Net Migration | 2017 | 74,403 | # | Annual | |
Birth Rate | 2016 | 12.65 | 13.27 | # per Ths. pop. | Annual |
Death Rate | 2016 | 6.64 | # per Ths. pop. | Annual |