Tag: economic_indicators
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New Zealand Home Consents Surge 19 Percent Annually
New Zealand's annual home consents rose 19% to 39,737 by May 2026, reversing a three-year decline. Both stand-alone and multi-unit dwellings saw significant increases, though numbers are still below the 2022 peak.
BusinessEconomyReal EstateFederal Government Home ConsentsHousing MarketStats NZBuilding PermitsResidential ConstructionEconomic IndicatorsStatistics New Zealand
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New Zealand Sees Continued Job Growth in May 2026
New Zealand's labor market expanded in May 2026, with a 0.3 percent increase in filled jobs across all industries. Service and goods-producing sectors saw growth, while primary industries remained stable, according to Statistics New Zealand.
BusinessEconomyEmployment and Labor EmploymentJobsLabour MarketStatistics New ZealandEconomic Indicators
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New Zealand Building Volume and Value Decline in March 2026 Quarter
New Zealand's building sector saw a 3.5% volume drop and a 5.9% value decrease in the March 2026 quarter. Both residential and non-residential construction volumes declined, with figures remaining provisional.
BusinessPolitics and GovernmentEconomyReal EstateFederal Government Building ConstructionEconomic IndicatorsResidential ConstructionNon-residential ConstructionStatistics New ZealandConstruction Industry
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NZ Household Living Costs Up 2.1 Percent
New Zealand household living costs increased 2.1 percent in the year to March 2026, with falling interest payments cited as the primary reason for the rise, according to Stats NZ figures.
BusinessEconomy Cost of LivingInflationStats NZHousehold ExpensesEconomic IndicatorsInterest RatesStatistics New Zealand
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New Zealand Retail Sales Volume Increases by 0.5% in June 2025 Quarter
Stats NZ reports a 0.5% increase in New Zealand's retail sales volume for the June 2025 quarter, with significant growth in electronics, supermarkets, and pharmaceuticals.
BusinessEconomyTradeAustralasia Retail SalesStats NZMichelle FeyenEconomic IndicatorsGrocery StoresPharmaceuticalStatistics NZ
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Ready-Mixed Concrete Volume Drops 10% in June 2025 Quarter
Ready-mixed concrete production decreased by 10% in the June 2025 quarter compared to last year, with a total of 3.7 million cubic meters produced in the year ending June 2025.
BusinessEconomyTradeReal Estate Ready-Mixed ConcreteStatistics New ZealandConstruction ActivityEconomic IndicatorsJune 2025WellingtonGovernment StatisticianStatistics NZ
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New Zealand Retail Sales Volume Rises 0.8% in March 2025 Quarter
Stats NZ reports a modest 0.8% increase in New Zealand's retail sales volume for the March 2025 quarter, with motor vehicle and pharmaceutical sectors leading the growth.
BusinessEconomyTradeAustralasia Retail SalesStats NZMarch 2025Economic IndicatorsRetailMichelle FeyenStatistics New Zealand