Articles
A deteriorating economic climate continues to make life difficult for regional economies, according to Infometrics’ latest monitoring of regional economies. The March 2024 Infometrics Quarterly Economic Monitor suggests that economic activity in the first three months of 2024 was 0.3%pa higher than ... Read
Supplier cost increases to supermarkets slowed further in April, but costs are still rising, with the Infometrics-Foodstuffs New Zealand Read
New analysis from Infometrics, first released to Infometrics clients last week, shows that returning the GST charged on local council rates back to councils would cost the government $1.1b. This amount of money would then be available for local councils to help fund the services and investments bein... Read
Economic pressures are getting real for people this year, as higher mortgage rates continue to suck more money out of household budgets, and a swathe of recent job losses undermine income security. Infometrics’ latest economic forecasts show annual GDP and private consumption spending growth briefly... Read
The annual increase in the average cost of goods that suppliers charge supermarkets has slowed further, with the Infometrics-Foodstuffs New Zealand Read
The annual average increase in the cost of goods suppliers charged supermarkets is now at its slowest since the end of 2021. Costs are still rising – just at a much less intense pace than a year ago. The Infometrics-Foodstuffs New Zealand Read
Still too-high inflation and considerably higher interest rates are combining to constrain economic activity across New Zealand, according to Infometrics’ latest monitoring of regional economies. Read
Supplier cost increases are still higher than a year ago, but recent trends support a continued moderation in input cost pressures. The Infometrics-Foodstuffs New Zealand Grocery Supplier Cost Index (GSCI) shows an average 4.3% increase in what suppliers charged Foodstuffs supermarkets for goods in ... Read
New Zealand’s economic prospects are brightening, according to Infometrics’ latest forecasts. GDP growth is predicted to average 2.0%pa during 2024 and 2025, which represents a substantial upward revision from the 1.2%pa growth that was being forecast by Infometrics in October last year. This more positive outlook is underpinned by continued high net migration that is set to take longer to retreat from its current record level. Improving business confidence will also lead to more positive outcomes for business investment spending. Read
Supplier cost increases remained higher than a year ago in December, but there was continued moderation in the annual pace of change. The Infometrics-Foodstuffs New Zealand Read