INDUSTRY FORECASTS

Data on Forecast of Firm-specific Variables

Basic Data Description

Observations: Panel data of 630 firms. Randomly drawn from the population of firms in New Zealand. Sampling framework allows for representation of sectors, subsectors and firm size. Note 2022Q3 data will become available by mid October 2022. 

 

Survey Time Period

 Bi-annually: 2019Q3 (630 firms), 2020Q1 (456 firms), 2020Q3 (487 firms), 2021Q1 (317 firms), 2021Q3 (598 firms), 2022Q1 (392 firms)

Forecasts of Average Wages, Unit Costs and Prices

                            Wages                   Unit Costs                Prices                

                      Mean     Median      Mean     Median      Mean     Median

2019Q3          0.61       0.00          1.33       1.20           1.34      1.20

2020Q1          0.48       0.00          1.54       1.30           1.56      1.20

2020Q3          0.42       0.00          2.34       2.30           2.65      2.50

2021Q1          0.66       0.00          3.59       3.30           4.05      4.00

2021Q3          1.15       0.00          3.92       3.60           4.34      4.00

2022Q1          1.53       1.25          4.33       4.30           4.63      4.50

Note: The reported statistics are based on 250 observations. Forecasts of changes in average wages, unit costs and prices are for 12 months-ahead.

DATA DOWNLOAD

You may download the data for 250 observations for free here: Click firm forecasts of macroeconomic and industry variables

Download the survey questionnaire here: questionnaire

If you are interested in full sample data, please contact afrcl-nz@outlook.com