Economic updates

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871 economic updates found
October 2026
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Monetary policy review

OCR surprisingly on hold as Committee split on timing

2.75% Official cash rate unchanged
4 vs 3 Tight vote between a hold and a raise
Likely further increase to 3.00% in Dec 2026
Wed 28 Oct 2026
Brad Olsen
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Employment indicators

Employment growth inches up again

0.3% Filled jobs rose in September 2026 (sa)
1.0%pa Filled jobs were up from September 2025
1.8%pa South Island filled jobs incre from September 2025
Wed 28 Oct 2026
Rob Heyes
Monthly
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Consumers price index

More worries about broadening inflation

3.7%pa Annual inflation slowed back in Sep 2026
3.0%pa Inflation excl fuel accelerated slightly
3.2%pa Building costs up in Sep 2026
Thu 22 Oct 2026
Brad Olsen
Quarterly
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Tourism data

Further tourism recovery lead by China

2.8% August tourist arrivals from July 2026 (seas. adj.)
8.0%pa Tourist arrivals in August 2026
32%pa Chinese visitor arrivals in August 2026
Wed 14 Oct 2026
Nick Brunsdon
Monthly
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Real estate statistics

Continued housing market declines

12%pa House sales in September 2026
1.5%pa House prices from a year earlier
11%pa Stock of homes for sale in September 2026
Wed 14 Oct 2026
Brad Olsen
Monthly
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Commercial registrations and activity

Commercial registrations slip back a bit further

9.1%pa Light commercial registrations fall in the Sept 2026 quarter
31%pa Medium commercial registration fall in the Sept 2026 quarter
5.3%pa Very heavy comm. registrations fall in the Sept 2026 quarter
Mon 12 Oct 2026
Brad Olsen
Quarterly
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Car registrations

EVs drive further growth in car registrations

+19%pa New car registrations in Sept 2026 quarter
+204%pa EV registrations in Sept 2026 quarter
+26%pa New rental registrations in Sept 2026 quarter
Fri 2 Oct 2026
Brad Olsen
Quarterly
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Non-residential building consents

Auckland consent boosts non-res, trend remains flat

$658m Value of non-res consents in Aug 2026
10% Total non-res consents from Aug 2025
to $181m Office consents in Aug 2026
Thu 1 Oct 2026
Gareth Kiernan
Monthly
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Residential building consents

Residential consents rise 5.6% in August

41,268 Annual res consents over the August 2026 year
21%pa Annual consents lifted over the August 2026 year
5.6% August 2026 consents from July on a seas. adj. basis
Thu 1 Oct 2026
Rob Heyes
Monthly