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New Zealand Unemployment Rate Rises To 3.3% In Q3
(RTTNews) - The jobless rate in New Zealand came in at a seasonally adjusted 3.3 percent in the third quarter of 2022, Statistics New Zealand said on Wednesday - unchanged from the previous quarter, but missing expectations for 3.2 percent.
The employment change was 1.3 percent on quarter, exceeding forecasts for an increase of 0.5 percent following the flat reading in the three months prior.
The participation rate jumped to 71.7 percent, beating forecasts for 71.0 percent and up from 70.8 percent in the second quarter.
Labor costs rose 3.7 percent on year, accelerating from 3.4 percent in the previous quarter.
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New Zealand Manufacturing Index Eases To 5.1 - BusinessNZ
The manufacturing sector in New Zealand continued to expand, albeit at a slower rate, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 53.1.
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19h 57min ago
New Zealand Q2 Terms Of Trade Tumbles 9.0%
New Zealand's terms of trade dropped a seasonally adjusted 9.0 percent on quarter in the second quarter of 2026, Statistics New Zealand said on Thursday.
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8 days ago
New Zealand Hikes Interest Rate For Second Straight Time
The Reserve Bank of New Zealand delivered back-to-back rate hikes to contain inflation and also signaled further tightening. The Monetary Policy Committee, governed by Anna Breman, decided to raise the Official Cash Rate by 25 basis points to 2.75 percent.
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9 days ago
New Zealand Building Permits Sink 4.3% In July
The total number of building permits issued in New Zealand was down a seasonally adjusted 4.3 percent on month in July, Statistics New Zealand said on Wednesday - coming in at 3,579.
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9 days ago
New Zealand Retail Sales Sink 0.5% In Q2
The volume of retail sales in New Zealand was down a seasonally adjusted 0.5 percent on quarter in the second quarter of 2026, Statistics New Zealand reported on Monday - coming in at NZ$26 billion.
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18 days ago
New Zealand July Trade Shortfall NZ$1.9 Billion
New Zealand posted a seasonally adjusted merchandise trade deficit of NZ$1.9 billion in July, Statistics New Zealand said on Friday/
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21 days ago
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the European session on Thursday.
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22 days ago
New Zealand PPI Inputs Climb 2.9% In Q2
New Zealand producer price inputs were up 2.9 percent on quarter in the second quarter of 2026, Statistics New Zealand said on Wednesday.
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23 days ago
