New Zealand Key Economic Indicators

Augur Labs Indicators

Indicator Reference Last Previous Unit
Daily Growth Nowcast by Augur Labs April 15, 2024 -0.0 -0.1 percent
Potential Growth by Augur Labs April 2024 1.8 1.8 percent
Output Gap by Augur Labs April 2024 -0.3 -0.2 percent

National Accounts

Indicator Reference Last Previous Unit
Real GDP Growth Rate, Quarter-over-Quarter Q4 2023 -0.0 -1.6 percent
Real GDP Growth Rate, Year-over-Year Q4 2023 -0.5 -0.9 percent
Nominal GDP, National Currency Q4 2023 408 411 billion
Nominal GDP, USD Q4 2023 246 248 billion (USD)
Real Consumption Expenditures Growth Rate, Quarter-over-Quarter Q4 2023 1.9 -3.5 percent
Real Consumption Expenditures Growth Rate, Year-over-Year Q4 2023 -0.2 -0.5 percent

Prices

Indicator Reference Last Previous Unit
Consumer Price Index, Year-over-Year Q4 2023 4.7 5.6 percent
Core Consumer Price Index, Year-over-Year Q4 2023 4.4 5.8 percent

Labor

Indicator Reference Last Previous Unit
Unemployment Rate Q4 2023 4.0 3.9 percent
Employed Persons December 2023 2,727 2,712 persons
Unemployed Persons December 2023 118 116 persons

Domestic Trade & Household

Indicator Reference Last Previous Unit
Real Retail Sales, Year-over-Year Q4 2023 -4.0 -3.1 percent
Real Retail Sales, Month-over-Month Q4 2023 -1.9 -0.8 percent
Electronic Card Transactions, Year-over-Year March 2024 -2.8 -1.2 percent

Foreign Trade

Indicator Reference Last Previous Unit
Exports, Year-over-Year February 2024 16.2 -9.3 percent
Imports, Year-over-Year February 2024 3.3 -20.2 percent

Balance of Payment

Indicator Reference Last Previous Unit
Current Account, USD Q4 2022 -21,067 -20,631 million (USD)

Production

Indicator Reference Last Previous Unit
Industrial Production, Year-over-Year Q4 2023 -3.5 -6.8 percent
Industrial Production, Month-over-Month Q4 2023 -0.6 -3.2 percent
Capacity Utilization Q1 2024 90.2 91.4

Housing

Indicator Reference Last Previous Unit
Building Permits February 2024 2,919 2,541 units

Money & Credit

Indicator Reference Last Previous Unit
Central Bank Policy Rate April 16, 2024 5.500 5.500 percent
Broad Money January 2024 410 409 billion
Narrow Money January 2024 118 118 billion

Automobile

Indicator Reference Last Previous Unit
Vehicle Sales March 2024 11,616 9,663 units

Tourism

Indicator Reference Last Previous Unit
Tourist Arrivals February 2024 266,360 264,090 persons

Surveys

Indicator Reference Last Previous Unit
Consumer Confidence March 2024 86.4 94.5 points
Business Confidence March 2024 22.9 34.7 points
Manufacturing PMI March 2024 47.1 49.1
Services PMI March 2024 47.5 52.6

Market

Indicator Reference Last Previous Unit
10-Year Bond Yield April 15, 2024 4.85 4.87 percent
3-Month Bill Rate April 15, 2024 5.65 5.64 percent
Real Effective Exchange Rate (Trade-Weighted) April 15, 2024 16.6 17.0
2-Year/10-Year Yield Curve April 15, 2024 -10.2 -7.2 basis points
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