Source: New Zealand Treasury:
The New Zealand Activity Index (NZAC) is up 5.4% on July last year. Activity indicators continue to be up across the board, led by online job advertisements, falling jobseeker numbers and electronic card transaction activity.
* Note that the axis has been capped at 12% to help visualise recent movements in the Index. The large positive spike in March through to May is due to abnormally high levels of activity growth relative to the same period last year, when economic activity was significantly curtailed by nationwide COVID-19 restrictions. For more details see our May NZAC news update.
The full NZAC dataset can be viewed and downloaded on the Stats NZ COVID-19 data portal.
The next update of the NZAC for August activity is currently scheduled for publication on Friday 24 September 2021. However, this may be brought forward in light of the escalation in COVID-19 alert levels.
Last updated:
Friday, 20 August 2021
