ASB NewsBites

Latest ASB NewsBites

ASB Economic Update: NZ inflation as expected, labour data next up

Wednesday, 24^th July, 2019

This week we discuss the annual New Zealand CPI inflation which lifted to 1.7% in Q2, as widely expected. While annual inflation from some core measures firmed slightly, we do not see this as a barrier to the RBNZ cutting the OCR to 1.25% at the August m…

ASB Economic Update: Business confidence remains low

Wednesday, 10^th July, 2019

This week we discuss the Q2 NZIER Quarterly Survey of Business Opinion which was weaker than we expected – again. We have changed our OCR call and now expect the RBNZ to cut the OCR to 1% by the end of the year. Following the weekend’s strong US payrolls …