Labour market data due on Wednesday will show the unemployment rate rose in the first quarter of the year, economists say. This will come as no surprise for.
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Competition for work is heating up, with job applicants on a major website jumping 114 per cent in a year. Economists expect the labour market to deteriorate.
Stats NZ says food prices fell 0.6% in February, while rent increases showed signs of stabilising and domestic airfares went up again; economists see 'upside risks' to March quarter inflation figures