New Zealand Economic Indicators

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New Zealand Economic Indicators

Rates    Date Change
Yield Curve     May 21, 2012  
Interbank Cash Rate 2.44 May 18, 2012 +10.00 bps
LIBOR Yield Curve     May 11, 2012  
Official Cash Rate 2.50 Mar 10, 2011 -50.00 bps
Employment    Date Change
Employment (Change) 9.00 Q1 2012
Employment Rate 2,230.0 Q1 2012 +0.41 %
Labour Cost Index (Quarterly Change) 0.50 Q1 2012
Unemployment Rate 6.70 Q1 2012 +0.30 
GDP    Date Change
Debt to GDP 16.8 Jan 2013 +17.48 %
Quarterly GDP 0.3 Q4 2011
Business    Date Change
Core Retail Trade (Change) 23.84 Dec 2010
Retail Trade (Change) 18.71 Dec 2010
Indices    Date Change
Consumer Price Index (Annual Change) 1.80 Q4 2011
Consumer Price Index (Quarterly Change) -0.30 Q4 2011
Trade-Weighted Index 68.4 May 21, 2012 -1.16 %
International    Date Change
Current Account -2,763.00 Q4 2011 +41.84 %
Trade Balance 134 Mar 2012 -33.66 %
Stocks    Date Change
New Zealand 50 Index 3,501.44 May 18, 2012 -0.57 %
New Zealand's is a market economy greatly dependent on international trade, although within the last decade New Zealand has become progressively less dependent on exports and has seen its per capita income rise. Trading partners include Australia, the European Union, the United States, China and Japan. Economic free-market reforms of the last decades have removed many barriers to foreign investment, and New Zealand is now perceived as being one of the most business-friendly countries in the world. The New Zealand Dollar is one of the eight base currencies and is widely traded in the forex market.