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ONLY CHARTS #359
Only Charts

ONLY CHARTS #359

NZ filled jobs, NZ ANZ business outlook, Aus inflation, Aus credit, China PMIs

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Antipodean Macro
Jun 30, 2025
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ONLY CHARTS #359
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ONLY CHARTS is available to paid subscribers.

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1. The number of filled jobs in New Zealand is estimated to have risen +0.1% m/m in May.

But we’ve heard this before, and revisions to recent prior outcomes were again DOWN.

Jobs growth in 3m/3m terms was -0.2% in May.

2. The weakness in filled jobs growth in New Zealand is broadly consistent with the composite employment PMI.

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