New Zealand’s jobless rate rose to a four-year high at the end of last year as hiring fell in the wake of a sharp recession.

Consumer prices rose 2.2% in 2024 as high interest rates slowed economic activity and falling import costs eased inflation ...

New Zealands central bank is moving toward a lower neutral interest rate as inflation subsides and pandemic-related ...

Last year was a tough year for the New Zealand economy. So tough, in fact, that HSBC estimates it had the biggest drop in ...

New Zealand says inflation in the fourth quarter was at an annual rate of 2.2%, comfortably within the central bank’s target ...

"For many households, interest payments on mortgages remain high and continue to contribute significantly to living costs," ...

Across the developed world, HSBC’s estimates suggest New Zealand’s economy had the largest contraction in GDP in 2024. But he ...

A New Zealand central banker on Wednesday said the official interest rate will tend towards neutral in the absence of future ...

New Zealand, which has a population of just 5.3 million, has seen its economy struggle over the last couple of years as the ...

New Zealand’s unemployment rate rose to 5.1% in the December quarter, as was widely expected, with criticism targeted at the ...

Trump has introduced trade tariffs on Mexico, Canada and China and there is a warning it could mean interest rates stay ...