February 04, 2025 21:51 GMT
NEW ZEALAND: Unemployment Rate Rises Above 5% As Expected
NEW ZEALAND
The Q4 unemployment rate printed in line with consensus and the RBNZ at 5.1% up 0.3pp. Employment fell 0.1% q/q and 1.1% y/y down from -0.6% y/y. Private wages growth rose 0.6% q/q, as expected. Further details to follow. See Statistics NZ’s press release here.
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