June 2025 Newsletter

  Newsletter - June 2025

                Featured article

            After strong growth in the early 2000s, tractor registrations in New Zealand have steadily slowed. Tractors are losing their grip as the primary sector shifts to smarter, more diverse technology, marking a turning point in the rural economy.

                            We’ve passed Peak Tractor

                    Tractors are often seen as a key piece of farm equipment, and long have been thought of as a good economic indicator of farm spending and investment. Despite the continued focus on tractors in New Zealand, and how they can act as a bellwether for the primary sector, in reality, things are shifting. Infometrics analysis shows that New Zealand passed peak tractor back in 2022, and they are likely become a less important indicator of primary sector activity as the sector shifts to different and more varied technology.
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                Articles

                                Cost-of-living pressures still felt by some

                        Despite a decline in the headline price inflation rate, a continued high level of withdrawals from KiwiSaver for financial hardship reasons suggests cost-of-living pressures are still being felt by some households.
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                                Milk price range signals careful balance

                        Despite clear trade concerns globally, New Zealand’s primary sector is in a strong position, and high food commodity prices reinforce this strength. But Fonterra’s opening farmgate milk price forecast for the 2025/26 season provides a major signal of caution, highlighting the heightened volatility in global economic conditions, dairy supply dynamics, and trade tensions.
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                        New releases and updates

    Webinar recordings

Infometrics monthly webinars give our clients direct access to our economists and their insights.
Clients have access to this month's webinar. After a month, we make recordings available to the public.
June 2025: Transport Trends (available to clients)
May 2025: Budget 2025

    Browse webinars

    Econ Talks

Chief Executive and Principal Economist Brad Olsen and Chief Forecaster Gareth Kiernan discuss:
23 June 2025: GDP increases 0.8% at start of 202
23 June 2025: Operation Midnight Hammer escalates Middle East conflict
11 June 2025: Stronger primary sector returns play out at Fieldays 2025

    Browse Econ Talks

                Subscriber updates

                    Next Forecast release: 18 July 2025

                Infometrics next Building forecasts, Regional construction Outlook (RCO) and Transport forecasts will be released on 18 July 2025.

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