April 25th, 2025

productivity

Productivity growth is critical to the overall health of any economy, as it drives economic growth and competitiveness.
productivity
2 years ago

New Zealand's productivity growth is encouraging, but there is more work to do

New Zealand's productivity levels have shown a promising increase of 2.2% in the year ended March 2022, according to the latest data from Statistics...

Multifactor productivity, which captures the effects of unobserved inputs such as technological progress, efficiency gains, and economies of scale, also saw an increase of 1.2%.
productivity
2 years ago

New Zealand's labour productivity surges 2.2% in 2022: Statistics New Zealand

Statistics New Zealand has released data showing a 2.2% increase in New Zealand's labour productivity in the year ended March 2022, the...

Featured News

The breakdown of the consents showed a 0.5 percent decrease in stand-alone houses and a more significant 10 percent decline in multi-unit homes, which includes townhouses, apartments, retirement village units, and flats.

Low-income households struggle as NZ housing costs soar

News
Net worth has fluctuated due to shifting asset values, particularly in property and investment holdings.

Household spending surpasses income as net worth drops by $47 billion

News
The significant decrease in fruit and vegetable prices has been a major factor in the overall modest inflation.

Food prices see smallest annual increase since 2018

News
Provisional figures indicate that New Zealand saw 229,100 (± 3,500) migrant arrivals in the April 2024 year, marking a 25% increase from the previous year.

Record surge in migrant arrivals and departures for New Zealand in April 2024

News
Socioeconomic inequalities in greenhouse gas emissions from household travel in New Zealand

Socioeconomic inequalities in greenhouse gas emissions from household travel in New Zealand

News