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NZ Q2 GDP: Recession
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| Fundamental Analysis | Sep 26 08 07:00 GMT
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Phew! It feels odd to have a sense of relief that GDP contracted 0.2%. But we had feared a lot worse (even worse than the 0.5% contraction in GDP, as measured on the expenditure side of the national a...
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| Economic Data
NZ Data
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New Zealand Retail Sales Disappoint, Slump 0.8%
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| Fundamental Analysis | Sep 11 08 23:23 GMT
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New Zealand retail sales fell more than expected in July, as a plunge in auto sales led the headline figure down 0.8 percent. Excluding autos, sales were still disappointing at -0.2 percent. The data ...
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| Economic Data
NZ Data
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NZ Real Retail Sales Fall 1.5% in Q2
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| Fundamental Analysis | Aug 15 08 06:35 GMT
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All up, 2008 has turned into an annus horribilis for retailers, especially for sellers of big-ticket items, as they are squeezed from both sides. The consumer is currently under a lot of pressure, and...
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| Economic Data
NZ Data
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NZ Q2 CPI Review: Cost Push Inflation
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| Fundamental Analysis | Jul 15 08 06:05 GMT
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New Zealand's inflation problem is getting worse. The 1.6% increase in the CPI in Q2 was on our expectation but higher than the 1.4% expected by the market and RBNZ. The quarterly rise in prices lifte...
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| Economic Data
NZ Data
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NZ Current Account Deficit Lowest Since 2004
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| Fundamental Analysis | Jun 26 08 05:32 GMT
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New Zealand's Current Account deficit narrowed less than economists expected in the first quarter, revealing a shortfall of -NZ$2.16 billion versus the forecast -NZ$1.67 billion. Still, this is the lo...
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| Economic Data
NZ Data
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Following Fundamentals Trends - May 2008
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| Long Term | Jun 06 08 09:23 GMT
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The dollar stabilized in May, as the worst fears of the bears did not materialize. The US economy managed to avoid slipping into a full blow recession experiencing only a slowdown as GDP rose slightly...
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| Economic Data
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