Summary economic data

NZ Summary Economy Data - October 2019

The Treasury publishes here a summary table of quarterly and monthly economic indicators compiled from various sources.

The data in these summary tables are updated periodically.  See the latest 'New Zealand Key Economic Data' section of the latest Monthly Economic Indicators - October 2019 for extended sets of these quarterly and monthly indicators (also available in MS Excel format).

Quarterly Indicators
    2018Q4 2019Q1 2019Q2
Real Production GDP qtr % chg[1] 0.7 0.6 0.5
Current account balance (annual) % of GDP -3.9 -3.6 -3.4
CPI inflation ann % chg 1.9 1.5 1.7
Unemployment rate %[1] 4.3 4.2 3.9
LCI salary & wage rates - total (adjusted)[3] ann % chg 1.9 2.0 2.1
Total retail sales ann % chg[1] 3.5 3.3 2.9
Monthly Indicators
    2019M07 2019M08 2019M09
Merchandise trade balance (12 month total) NZ$ million -5,490 -5,551 -5,213
House sales - dwellings ann % chg[1] 6.8 -3.6 4.5
Net PLT migration (12 month total) number 54,954 53,809 ...
ANZ world commodity price index mth % chg -1.4 0.3 0.0
Trade weighted index (TWI) June 1979 = 100[2] 73.32 71.76 70.78
Official cash rate (OCR) % 1.50 1.00 1.00

Notes#

  1. [1] Seasonally adjusted
  2. [2] Average (11am)
  3. [3] Ordinary time
  • Monthly Economic Indicators - The Treasury's analysis of recent releases of economic data which includes a Chart Pack and Data (in MS Excel format) similar to the data above.
  • Tax Outturn Data - Tax revenue and tax receipts from collecting departments; can be used as an economic indicator.