5 blog posts found
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MEI Special Topic: Adjusting for level shifts in labour market data
Posted: 30 Aug 2017Topic: Employment, Households, Labour force, Productivity, Statistics, Time series models, UnemploymentThis Special Topic uses estimates to re-estimate recent trends in employment growth, hours worked and labour productivity (GDP per hour worked). Statistics New Zealand updated the design of the... -
MEI Special Topic: CPI Inflation
Posted: 8 Feb 2017Topic: Economic growth, Economic indicators, Employment, Housing, Inflation, Macroeconomics, Petrol, PricesAnnual Consumers Price Index (CPI) inflation rose from 0.4% to 1.3% in December 2016. This brings inflation back within the RBNZ's target band (of 1-3%) for the first time since 2014. The sudden rise... -
Why high income households get benefits
Posted: 23 Nov 2016Topic: Demographic change, Econometric modelling, Education, Employment, Households, Income, Older people, Pensions, Qualifications, Retirement, Social security, StatisticsAuthor:Today's Staff Insights article presents selected demographic statistics for New Zealand by income quintile for the 2014/15 tax year. The article discusses the data, how to interpret it and some... -
MEI Special Topic: Key Judgements for the Economic Outlook
Posted: 1 Nov 2016Topic: Budget, Construction, Consumption, Economic forecasting, Economic growth, Economic indicators, Employment, Exports, Foreign exchange, Inflation, Interest rates, Migration, Monetary policy, National accounts, Productivity, Statistics, Tourism, TradeOver the first half of 2016 the economy grew at a faster pace than was expected in the Budget Economic and Fiscal Update (the Budget Update), as did tax revenue. Forward indicators suggest this... -
MEI Special Topic: Implications of the Revised Household Labour Force Survey for the Economic Outlook
Posted: 3 Aug 2016Statistics New Zealand has redeveloped the Household Labour Force Survey (HLFS), the official source of data on employment and unemployment. The revisions bring New Zealand data into line with the...