November 5th, 2024

productivity

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

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

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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

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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

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

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

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Auckland region had the largest increase in earnings over the year to March 2024, up to $64.9 billion from $59.6 billion in the March 2023 year.

Total gross earnings in New Zealand up by 8.6% in year to March 2024

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