Tag: inflation
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The Economic Recovery Revolution: New Zealand Poised for Robust Growth in 2026
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Overview As reported by RNZ, New Zealand’s economic landscape is set for a significant transformation as we move through the coming year. Westpac’s first-quarter economic overview suggests that after a period of sustained turbulence, the nation is finally approaching a more stable and prosperous era. Chief economist Kelly Eckhold indicates that a combination of rising…
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Cost of Living Crisis: New Zealand’s Inflationary Surge Defies Forecasts
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Overview As reported by RNZ, New Zealand’s annual inflation rate has climbed to 3.1 percent, a figure that edges past the Reserve Bank’s previous projections and places renewed pressure on the national economy. The latest data from Stats NZ reveals a 0.6 percent rise in the consumer price index for the December quarter, driven largely…
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Inflation Lies at Heart of Economic Thinking and Decision Making – What Are the Core Causes?
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Overview A report by Interest.co.nz argues that while conventional explanations of inflation, cost-push, demand-pull and inflation expectations, are true, they remain superficial. Despite these theories, inflation sits at around three percent per annum in New Zealand, even with a sluggish economy. The article suggests that deeper structural forces are at work, particularly the growth of…
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Only two sectors avoid real-terms pay cut over the year
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An article from RNZ reports that in the year to September, nearly all but two sectors in New Zealand experienced a real-terms pay cut once inflation is taken into account. Insights Our Thoughts This new data underscores how widespread the squeeze on real incomes has become in New Zealand, even while nominal wages rise slowly.…