Jan 16, 2012
New Zealand has a policy framework and regulations that actively encourage economic openness and resilience, leading the country to be ranked as having the fourth freest economy in the world. According to the Index for Economic Freedom for 2012, published by the Heritage Foundation and the Wall Street Journal on January 12th and examining economic [...]
New Zealand has a policy framework and regulations that actively encourage economic openness and resilience, leading the country to be ranked as having the fourth freest economy in the world.
According to the Index for Economic Freedom for 2012, published by the Heritage Foundation and the Wall Street Journal on January 12th and examining economic conditions and market regulations in countries around the world, in 2011 New Zealand was ranked the 4th country in the world for its market freedom, regulatory efficiency, the ... Read More
Jan 10, 2012
The value of the foreign trade into and out of New Zealand increased in November, but the national trade balance remained in deficit. On January 9th Statistics New Zealand released the country’s trade figures for November 2011, showing that both imports and exports were higher during the month of November 2011 compared to period last [...]
The value of the foreign trade into and out of New Zealand increased in November, but the national trade balance remained in deficit.
On January 9th Statistics New Zealand released the country’s trade figures for November 2011, showing that both imports and exports were higher during the month of November 2011 compared to period last year, primarily due to rising prices of commodities.
In November the national trade balance was in deficit by NZD 308 million, with a total export value of NZD ... Read More
Dec 30, 2011
New Zealand’s GDP showed an improvement over the September quarter, with particularly high growth especially in the manufacturing sector. On December 22nd Statistics New Zealand released the national Gross Domestic Product (GDP) figures for the September quarter, showing that the country’s economic production grew by 0.8 percent in the three month ending in September. According [...]
New Zealand's GDP showed an improvement over the September quarter, with particularly high growth especially in the manufacturing sector.
On December 22nd Statistics New Zealand released the national Gross Domestic Product (GDP) figures for the September quarter, showing that the country’s economic production grew by 0.8 percent in the three month ending in September.
According to Rachel Milicich, the national accounts manager of Statistics New Zealand, throughout the September quarter economic activity was significantly increased in the retail sector, the accommodation industry, and the ... Read More
Dec 23, 2011
New Zealanders are increasingly pessimistic about the economy, and new research shows that consumer confidence levels have hit the lowest point since 2009. On December 19th Westpac bank and the consultancy firm McDermott Miller released a joint report on New Zealanders’ outlooks for the national economy, stating that consumer confidence has fallen sharply over the [...]
New Zealanders are increasingly pessimistic about the economy, and new research shows that consumer confidence levels have hit the lowest point since 2009.
On December 19th Westpac bank and the consultancy firm McDermott Miller released a joint report on New Zealanders' outlooks for the national economy, stating that consumer confidence has fallen sharply over the December quarter.
According to the report, the New Zealand Consumer Confidence Index now stands at 101 points, and has fallen by 10.7 points since the September quarter. The ... Read More