New Zealand Jobless Rate Rises To 3.3% In Q2
(RTTNews) - The unemployment rate in New Zealand came in at a seasonally adjusted 3.3 percent in the second quarter of 2022, Statistics New Zealand said on Wednesday.
That was above expectations for 3.1 percent and up from 3.2 percent in the three months prior.
The employment change was flat - also missing expectations for an increase of 0.4 percent following the downwardly revised flat reading in the first quarter (originally a gain of 0.1 percent).
The participation rate was 70.8 percent, again shy of forecasts for 71.0 percent and down from 70.9 percent in the previous three months.
The labor costs index was up 1.1 percent on quarter and 3.4 percent on year.
read more
New Zealand Has NZ$437 Million Trade Shortfall In November
New Zealand posted a merchandise trade deficit of NZ$437 million in November, Statistics New Zealand said on Friday.
RTTNews
|
6天前
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
|
7天前
New Zealand Has NZ$6.2 Billion Current Account Deficit In Q3
New Zealand posted a seasonally adjusted current account deficit of NZ$6.2 billion in the third quarter of 2024, Statistics New Zealand said on Wednesday.
RTTNews
|
8天前
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
|
22天前
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
|
24天前
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
|
28天前
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
|
30天前
New Zealand Has NZ$1.544 Billion Trade Shortfall In October
New Zealand posted a merchandise trade deficit of NZ$1.544 billion in October, Statistics New Zealand said on Monday.
RTTNews
|
30天前
