Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


RBNZ MPS: Table Of Key Projections

March year:::1999:::2000:::2001:::2002:::2003
Price measures
:::Import prices (in New Zealand dollars):::2.7:::11.2:::91/2:::-4:::0
:::Export prices (in New Zealand dollars):::-1.1:::9.6:::11:::-4:::0

Monetary conditions
:::90-day bank bill rate (year average):::6.2:::5.2:::61/2:::7:::71/2
:::TWI (year average):::57.3:::56.1:::491/2:::49:::511/2

:::GDP (production, annual average % change):::0.0:::4.2:::21/2:::31/2:::31/2
:::GDP (production, March qtr to March qtr):::1.8:::5.1:::11/2:::4:::31/2
:::Output gap (% of potential GDP, year average):::-1.8:::-0.1:::0::: 1/2:::1

Labour market
:::Total employment (annual % change):::0.6:::1.4:::11/2:::2:::21/2
:::Unemployment rate (March qtr, s.a.):::7.2:::6.4:::6:::51/2:::5
:::Labour productivity (annual average % change):::0.0:::2.2:::11/2:::11/2:::1

Key balances
:::Government operating balance:::
:::(% of GDP, year to June):::1.8:::1.4:::1:::2:::21/2
:::Current account balance:::
:::(% of GDP, year to March):::-4.4:::-7.1:::-51/2:::-41/2:::-41/2
:::Terms of trade (annual average % change):::-0.5:::-0.1:::-1:::0:::0
:::Household savings rate:::
:::(% of disposable income, year to March):::-1.5:::0.0:::-1:::- 1/2:::0

World economy
:::World GDP (annual average % change):::1.2:::4.2:::4:::31/2:::31/2
:::World CPI inflation:::0.9:::2.0:::21/2:::2:::2

Quarterly projections:::Mar-00:::Jun-00:::Sep-00:::Dec-00:::Mar-01
:::CPI (quarterly percentage change):::0.7:::0.7:::1.4:::1.0:::0.7
:::CPI (annual percentage change):::1.7:::2.0:::3.0:::3.8:::3.8

e = estimate.
s.a. = seasonally adjusted

*:::This series is annual CPIX inflation until the June 1999 quarter, and annual CPI inflation thereafter (adjusted by SNZ to exclude interest and section prices from the September 1999 quarter to the June 2000 quarter).

Notes for this table are in Appendix 4 of the full Monetary Policy Statement

© Scoop Media

Business Headlines | Sci-Tech Headlines


Energy Resources Aotearoa: New Law On Decommissioning Could Be Costly Overkill
A new law on decommissioning oil and gas fields passed by Parliament today has good intentions but is overkill, according to Energy Resources Aotearoa. "We strongly support operators taking responsibility and paying the costs for decommissioning, which is what all good operators do," says chief executive John Carnegie... More>>

Commerce Commission: News Publishers’ Association Seeks Authorisation To Engage In Collective Bargaining

News Publishers’ Association of New Zealand Incorporated seeks authorisation and provisional authorisation to engage in collective bargaining with Facebook and Google. The Commerce Commission has received applications from News Publishers’ Association of New Zealand Incorporated (NPA) seeking authorisation and provisional authorisation on behalf of itself... More>>

Reserve Bank: MPC Continues To Reduce Monetary Stimulus
The Monetary Policy Committee agreed to raise the Official Cash Rate (OCR) to 0.75 per cent. The Committee agreed it remains appropriate to continue reducing monetary stimulus so as to maintain price stability and support maximum sustainable employment... More>>

PriceSpy: Producer Prices Increase
New Black Friday and Covid-19 Report* released by PriceSpy says people’s fear of stepping inside physical shops during big sales events like Black Friday has risen since last year; Kiwis are still planning to shop, but more than ever will do it online this year... More>>

NZ Skeptics Society: Announce Their 2021 Awards, And Dr Simon Thornley Wins The Bent Spoon

Every year the New Zealand Skeptics presents its awards to people and organisations who have impressed us or dismayed us, and this year it’s been hard to pick our winners because there have been so many choices!.. More>>

REINZ: Sales Volumes Leveling Out

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 44 fewer lifestyle property sales (-2.6%) for the three months ended October 2021 than for the three months ended September 2021... More>>

BNZ: Auckland Retail Card Spending Bounces Back In Step Two
Bank of New Zealand (BNZ) card spending data released today shows one week of retail therapy at Alert Level 3 Step 2 has been enough to raise card spending in Auckland to levels greater than before the Delta lockdown... More>>