Auckland economic indicators: April 2018

Ross Wilson
Auckland economic update
Publication date:

An overview of current economic indicators for Auckland

Confidence indicators

Employment and unemployment

House sales and prices

Net migration

New building consents

Real GDP growth

Real retail sales growth

Tourism – guest nights


General: Sometimes the back-data is recalculated to match latest quarterly real price indices (notably house prices and building consent values), and sometimes it is revised by the data supplier (notably GDP, house sales and prices, and HLFS). So resulting dollar values may differ from previous updates.

GDP: In late 2017 Statistics NZ revised recent years' GDP backdata for NZ; this has now (March 2018 update onwards) flowed through to regional estimates

Retail sales: In November 2017 Stats NZ changed the methodology for the Retail Trade Survey for September 2017 quarter onwards; they also revised all back-data from June 2011 onwards. The old basis omitted approximately 1% of sales.

House sales: In May 2017 REINZ changed the geographical definition of “Auckland” to match Statistics NZ regions; all house price and sales backdata prior to April 2017 has been revised to match. In addition, each month, they make other revisions/corrections to some of the backdata, for Auckland and also for total New Zealand.




Published on Knowledge Auckland and the Auckland Council website


Data is from: - Statistics New Zealand - Infometrics, Quarterly Economic Monitor - New Zealand Institute of Economic Research, Quarterly Survey of Business Opinion - Real Estate Institute of New Zealand - Westpac McDermott Miller See page 1 for details

Auckland economic indicators: April 2018

Auckland economic update 04April 2018 cover

Auckland economic update 04April 2018 cover
Last updated: 2018-03-06

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