Friday, 12 March 2010

Vital Statistics

GDP
(average growth for year to Sep 09)

-2.2%

CPI
(Sep 09 incr on Sep 08)

1.7%

Current account balance
(year to Sep 09, % of GDP)

-3.1%

Unemployment
(Sep 09)

6.5%

Employment
(Sep 09 change on Sep 08)

-1.8%


06 Jul 2009
July 2009 News

30 July - The RB has kept the OCR at 2.5% suggesting that it could move modestly lower but no higher till at least the end of 2010.

28 July - The value of seasonally adjusted exports and imports both fell in the June 2009 quarter, down 5.4% and 3.4%, respectively.  The trade balance was a deficit of $217m (2.1% of exports).

21 July - New Zealand's annual net Permanent and Long-Term migration balance was a gain of 12,500 in the June 2009 year, up from 4,700 in the June 2008 year.

21 July - Visitor arrivals (135,200) were down 5% from June 2008 (142,400).

16 July - The consumers price index increased 1.9% from the June 2008 quarter to the June 2009 quarter, which included a rise of 0.6% for the June 2009 quarter.

13 July - In May 2009, seasonally adjusted total retail sales rose 0.8% ($41m), the largest monthly increase since November 2007.  There was a 1.6% ($65m) rise in core retailing, more than offsetting a 1.8% ($25m) drop in the vehicle-related industries.

10 July - Total guest nights in May 2009 were 2m, 1% lower than May 2008. International and domestic guest nights for New Zealand were both down 1% in May 2009 compared with May 2008. 

9 July - The core retail Electronic Card Transaction (ECT) series (which excludes the motor vehicle-related industries) decreased 1.2% in June 2009 compared with May 2009. This follows a 1.1% increase in May.

6 July - The QV national residential property indices for June released today show a 7.1% decline in property values over the last year.   The national average sale price also increased to $378,535 in June from $371,555 in May.

7 July - The Reserve Bank of Australia decided to leave the cash rate unchanged at 3.0%.

9 July - The Bank of England’s Monetary Policy Committee voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%.

9 July - Australian unemployment rate increased 0.1 percentage point to 5.8% for the June 2009 quarter.





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