Markets Actual Q4 Q1 Q2 Q3 2023
Currency 0.62 0.6 0.59 0.58 0.57 0.54
Stock Market (points) 11382.56 11131 10888 10649 10416 9965
Government Bond 10Y (%) 4.14 4.3 4.41 4.51 4.62 4.85

Overview Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 1.70 0.7 0.8 0.5 0.6 1.1
GDP Annual Growth Rate (%) 0.40 2.1 2.5 2 2 2
Unemployment Rate (%) 3.30 3 3 3.1 3.1 3.2
Inflation Rate (%) 7.20 6.5 5.8 4.5 4 3.5
Inflation Rate MoM (%) 2.20 0.5 0.5 0.3 0.3 0.5
Interest Rate (%) 4.25 4.25 4.75 5 5 5
Balance of Trade (NZD Million) -2129.00 340 340 340 340 335
Current Account (NZD Million) -5224.00 -2400 -2400 -2400 -2400 -2400
Current Account to GDP (% of GDP) -6.50 -3 -3 -3 -3 -3.5
Government Debt to GDP (% of GDP) 30.10 47 47 47 47 47
Government Budget (% of GDP) -1.30 -8.3 -8.3 -8.3 -8.3 -8.3
Business Confidence (%) -42.70 7 7 7 7 7
Manufacturing PMI (points) 49.30 52.5 52.5 52.5 52.5 52.5
Consumer Confidence (points) 87.60 105 105 105 105 105
Retail Sales MoM (%) 0.40 1.7 1.7 1.7 1.7 1.7
Building Permits 4335.00 3800 3800 3800 3800 3800
Corporate Tax Rate (%) 28.00 28 28 28 28 28
Personal Income Tax Rate (%) 39.00 39 39 39 39 39

GDP Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 1.70 0.7 0.8 0.5 0.6 1.1
GDP Annual Growth Rate (%) 0.40 2.1 2.5 2 2 2
GDP (USD Billion) 249.99 212 212 212 212 212
GDP Constant Prices (NZD Million) 69592.00 70067 69943 70172 70984 71341
Gross National Product (NZD Million) 75715.00 75297 76323 79081 77229 77849
Gross Fixed Capital Formation (NZD Million) 16989.00 17970 18013 17329 17329 18329
GDP per Capita (USD) 40778.96 38800 38800 38800 38800 38800
GDP per Capita PPP (USD) 43301.43 42400 42400 42400 42400 42400
GDP from Agriculture (NZD Million) 3327.00 3393 3398 3394 3394 3461
GDP from Construction (NZD Million) 4486.00 4417 4674 4770 4576 4768
GDP from Manufacturing (NZD Million) 5702.00 6078 6283 6220 5816 6409
GDP from Mining (NZD Million) 480.00 553 588 537 490 600
GDP from Public Administration (NZD Million) 3176.00 3309 3235 3255 3240 3299
GDP from Services (NZD Million) 46991.00 46724 46726 46925 47931 47661
GDP from Transport (NZD Million) 2998.00 2715 2616 2553 3058 2668
GDP from Utilities (NZD Million) 1805.00 1876 1845 1845 1841 1882

Labour Actual Q4 Q1 Q2 Q3 2023
Unemployment Rate (%) 3.30 3 3 3.1 3.1 3.2
Employed Persons (Thousand ) 2853.00 2790 2790 2790 2790 2720
Unemployed Persons (Thousand ) 97.00 117 117 117 117 117
Employment Change (%) 1.30 0.3 0.3 0.3 0.3 0.6
Labor Force Participation Rate (%) 71.70 71.3 71.3 71.3 71.3 70.8
Productivity (points) 129.80 131 131 131 131 131
Labour Costs (points) 1305.00 1275 1275 1275 1275 1295
Job Vacancies (index points) 266.99 280 280 280 280 280
Wages (NZD/Hour) 37.93 36 36 36 36 36.7
Wages in Manufacturing (NZD/Hour) 36.21 36 36 36 36 36
Minimum Wages (NZD/Hour) 21.20 21.2 21.2 21.2 21.2 22.1
Population (Million) 5.12 5.3 5.3 5.3 5.3 5.39
Retirement Age Women 65.00 65 65 65 65 65
Retirement Age Men 65.00 65 65 65 65 65
Part Time Employment (Thousand) 554.00 560 560 560 560 560
Youth Unemployment Rate (%) 9.01 10 10 10 10 10
Employment Rate (%) 68.50 68 68 68 68 68
Full Time Employment (Thousand) 2293.00 2200 2200 2200 2200 2250

Prices Actual Q4 Q1 Q2 Q3 2023
Inflation Rate (%) 7.20 6.5 5.8 4.5 4 3.5
Inflation Rate MoM (%) 2.20 0.5 0.5 0.3 0.3 0.5
Consumer Price Index CPI (points) 1186.00 1195 1208 1213 1233 1237
Core Consumer Prices (points) 1147.00 1193 1183 1184 1177 1219
Core Inflation Rate (%) 6.20 7 4.5 3.2 2.6 2.2
Producer Prices (points) 1358.00 1205 1205 1205 1205 1226
Export Prices (points) 1529.00 1250 1250 1250 1250 1250
Import Prices (points) 1029.00 863 863 863 863 863
Inflation Expectations (%) 3.60 2.9 1.9 1.9 1.9 1.9
CPI Housing Utilities (points) 1269.00 1267 1282 1296 1320 1312
CPI Transportation (points) 1248.00 1254 1261 1264 1268 1274
Food Inflation (%) 10.10 8.6 7.5 6 5.1 3.2

Money Actual Q4 Q1 Q2 Q3 2023
Interest Rate (%) 4.25 4.25 4.75 5 5 5
Foreign Exchange Reserves (NZD Million) 17101.00 30800 30800 30800 30800 30800
Banks Balance Sheet (NZD Million) 708187.00 648699 648699 648699 648699 660073
Deposit Interest Rate (%) 3.83 3.83 4.33 4.58 4.58 4.58
Central Bank Balance Sheet (NZD Million) 97888.00 80500 80500 80500 80500 68500

Trade Actual Q4 Q1 Q2 Q3 2023
Balance of Trade (NZD Million) -2129.00 340 340 340 340 335
Current Account (NZD Million) -5224.00 -2400 -2400 -2400 -2400 -2400
Current Account to GDP (% of GDP) -6.50 -3 -3 -3 -3 -3.5
Imports (NZD Million) 8270.00 5555 5555 5555 5555 5653
Exports (NZD Million) 6140.00 5895 5895 5895 5895 5988
External Debt (NZD Million) 318791.00 305000 305000 305000 305000 305000
Terms of Trade (points) 1489.00 1400 145 145 145 145
Foreign Direct Investment (NZD Million) 5484.00 800 800 800 800 800
Tourist Arrivals 151270.00 250000 250000 250000 250000 250000
Weapons Sales (SIPRI TIV Million) 9.00 2 2 2 2 2

Government Actual Q4 Q1 Q2 Q3 2023
Government Debt to GDP (% of GDP) 30.10 47 47 47 47 47
Government Budget (% of GDP) -1.30 -8.3 -8.3 -8.3 -8.3 -8.3
Government Budget Value (NZD Million) -4560.00 -4100 -4100 -4100 -4100 -4100
Government Spending (NZD Million) 15259.00 15188 15548 15564 15564 15492
Government Revenues (NZD Million) 141627.00 119000 119000 119000 119000 119000
Fiscal Expenditure (NZD Million) 150956.00 115000 115000 115000 115000 115000
Government Debt (NZD Million) 128873.00 70000 70000 70000 70000 70000

Taxes Actual Q4 Q1 Q2 Q3 2023
Corporate Tax Rate (%) 28.00 28 28 28 28 28
Personal Income Tax Rate (%) 39.00 39 39 39 39 39
Sales Tax Rate (%) 15.00 15 15 15 15 15
Social Security Rate (%) 11.00 11 11 11 11 11
Social Security Rate For Companies (%) 3.00 3 3 3 3 3
Social Security Rate For Employees (%) 8.00 8 8 8 8 8

Business Actual Q4 Q1 Q2 Q3 2023
Business Confidence (%) -42.70 7 7 7 7 7
Manufacturing PMI (points) 49.30 52.5 52.5 52.5 52.5 52.5
Industrial Production (%) 16.10 3.5 3.5 3.5 3.5 2.5
Capacity Utilization (%) 94.50 93.6 93.6 93.6 93.6 93.6
Car Registrations 4390.00 5400 5400 5400 5400 5400
Services PMI (points) 57.40 53 53 53 53 53
Composite PMI (points) 53.10 58 58 58 58 58
Bankruptcies (Individuals) 36.00 80 80 80 80 80

Consumer Actual Q4 Q1 Q2 Q3 2023
Consumer Confidence (points) 87.60 105 105 105 105 105
Retail Sales MoM (%) 0.40 1.7 1.7 1.7 1.7 1.7
Retail Sales YoY (%) 4.90 3 3 3 3 2.5
Consumer Spending (NZD Million) 43264.00 43409 45749 44129 44129 44277
Private Sector Credit (NZD Million) 548699.00 521839 521839 521839 521839 526208
Bank Lending Rate (%) 10.93 11.68 12.18 12.43 12.43 12.43
Households Debt to GDP (% of GDP) 98.10 98.3 98.3 98.3 98.3 99
Households Debt to Income (%) 173.00 167 167 167 167 168
Credit Card Spending (NZD Million) 6734.00 6568 6568 6568 6568 6775

Housing Actual Q4 Q1 Q2 Q3 2023
Building Permits 4335.00 3800 3800 3800 3800 3800
Housing Index (NZD) 825000.00 800000 800000 800000 800000 770000
Construction Output (%) 8412.64 5 5 5 5 5
Home Ownership Rate (%) 64.60 64.5 64.5 64.5 64.5 63.6