New Zealand Jobless Rate 4.8% In Q3

RTTNews | Pred 49 dňami
New Zealand Jobless Rate 4.8% In Q3

(RTTNews) - New Zealand posted a seasonally adjusted unemployment rate of 4.8 percent in the third quarter of 2024, Statistics New Zealand said on Wednesday.

That was beneath expectations for 5.0 percent and up from 4.6 percent in the previous quarter.

Overall employment was down 0.5 percent on quarter, shy of forecasts for a fall of 0.4 percent after adding 0.4 percent in the second quarter.

The participation index came in at 71.2 percent, missing forecasts for 71.5 percent and down from 71.7 percent in the three months prior.

The labor cost index rose 0.6 percent on quarter and 3.4 percent on year, slowing from 0.9 percent on quarter and 3.6 percent on year in the second quarter.

read more
New Zealand GDP Falls 1.0% In Q3

New Zealand GDP Falls 1.0% In Q3

New Zealand's gross domestic product contracted a seasonally adjusted 1.0 percent on quarter in the third quarter of 2024, Statistics New Zealand said on Thursday.
RTTNews | Pred 6 dňami
New Zealand Terms Of Trade Climbs 2.4% In Q3

New Zealand Terms Of Trade Climbs 2.4% In Q3

The terms of trade in New Zealand rose a seasonally adjusted 2.4 percent on quarter in the third quarter of 2024, Statistics New Zealand said on Tuesday.
RTTNews | Pred 21 dňami
New Zealand Building Permits Sink 5.2% In October

New Zealand Building Permits Sink 5.2% In October

The total number of building permits issued in New Zealand was down a seasonally adjusted 5.2 percent on month in October, Statistics New Zealand said on Monday - coming in at 2,850.
RTTNews | Pred 23 dňami
New Zealand Slashes Key Interest Rate By 50 Bps

New Zealand Slashes Key Interest Rate By 50 Bps

The Reserve Bank of New Zealand reduced its benchmark interest rate by 50 basis points on Wednesday, as inflation moved close to the midpoint of the target range and economic output remains below its potential. The Monetary Policy Committee governed by Adrian Orr decided to reduce the Official Cash Rate to 4.25 percent from 4.75 percent.
RTTNews | Pred 27 dňami
New Zealand Retail Sales Dip 0.1% On Quarter In Q3

New Zealand Retail Sales Dip 0.1% On Quarter In Q3

The total volume of retail sales in New Zealand was down a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, Statistics New Zealand said on Monday - coming in at NZ$24 billion.
RTTNews | Pred 29 dňami