Statistics New Zealand (Statistics NZ) recently announced the results of its 2014 review of the Consumers Price Index (CPI). Statistics NZ undertakes a review of the CPI every three years in order to ensure that the CPI basket of goods and services accurately reflects the main items and services New Zealanders buy. This way Statistics NZ can accurately calculate price changes each quarter.
The 12-month running total for residential building consents stood at 24,100 in September 2014. Year-on-year, residential building consents were up 14 percent with consents for residential housing in Southland, Auckland, Tasman and Otago leading the way. Annualised totals, as shown in the figure below, indicate that consents could potentially reach the 26,000 mark, last seen in September 2007, and well ahead of the 13,500 consents witnessed in the 12 months to September 2011.
regional insights 2014
regional insights 2014
BERL was commissioned by Te Puni Kōkiri, Waikato Regional Council and Federation of Māori Authorities to complete an economic analysis of Māori contribution to the Waikato region. This research was presented at a Māori economic development workshop in Hamilton on 11 November 2014.
Te Kāwai Toro, the J R McKenzie Trust’s Māori Development sub-committee, has launched a report on Philanthropic Funding to Māori organisations. BERL was proud to have carried out this research on behalf of Te Kawai Toro.
In November 2014, Statistics New Zealand (SNZ) has released data on the international migration for the year to October 2014.
In November 2014, Statistics New Zealand (SNZ) has released data on the international migration for the year to October 2014, and for the first time ever net migration to New Zealand has reached 47,684 for the year to October 2014.
The Consumers Price Index (CPI) rose 0.3 percent between the June 2014 and the September 2014 quarters. This upsurge follows the rise of 0.3 percent for the June 2014 and the March 2014 quarters.
The latest data reveals that Kiwis have spent more in 2014 than they had done in the previous year. The September 2014 quarter sales for both the core retail sector and the total retail industry increased by more than 4 percent on year-earlier levels. The core sector measure excludes the motor vehicle sales, service and petrol sub-sectors.