Could RBNZ rate hikes end as soon as next month?
Westpac economist suggests weak local economy and overseas banking turbulence mean RBNZ may end OCR hiking cycle in April
Source: interest.co.nz
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New Zealand's Economy Likely Contracted In Q4, Tightening Cycle At Risk
New Zealand's economy may have contracted in the fourth quarter, three months ahead of a central bank forecast, a Reuters poll found, as the market questions whether an 18-month tightening cycle will
Source: ibtimes.com
NZ flirts with recession amid sharp economic slowdown
New Zealand may be flirting with recession much sooner than the central bank expected. The economy contracted 0.2% in the final three months of last year, a survey shows.
Source: thestar.com.my
Services sector activity encouraging, economist says, as focus turns to GDP data
Activity in the services sector lifted further last month, driven by sales in the accommodation, hospitality and community sectors.
Source: rnz.co.nz
Construction sector shows signs of cooling with fall in volume of building work
The strong construction sector is showing signs of cooling as house building falls away, with the first drop in the amount of work done in more than a year.
Source: rnz.co.nz