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Previous Monetary Policy Statements

View the current Monetary Policy Statement

2009

2009: June Monetary Policy Statement (PDF 2.3MB)
News release, 11 June 2009.
Policy assessment, by Governor Alan Bollard.
Data for the June 2009 MPS graphs (Excel 992KB)
Webcast of the news conference.

2009: March Monetary Policy Statement (PDF 2MB)
News release, 12 March 2009.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (24KB).
Data for the March 2009 MPS graphs (Excel 2.8MB)
Webcast of the news conference.

2008

2008: December Monetary Policy Statement (PDF 2MB)
News release, 4 December 2008.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (36KB).
Data for the December 2008 MPS graphs (Excel 2MB)
Webcast of the news conference.

2008: September Monetary Policy Statement (PDF 1.4MB)
News release, 11 September 2008.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (36KB).
Data for the September 2008 MPS graphs (Excel 1.38MB)
Webcast of the news conference.

2008: June Monetary Policy Statement (PDF 1.4KB)
News release, 5 June 2008
Policy assessment, by Governor Alan Bollard. Also available as a PDF (35KB).
Data for the June 2007 MPS graphs (Excel 1.38KB)
Webcast of the news conference.

2008: March Monetary Policy Statement (PDF 1.8MB)
News release, 6 March 2008.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (25KB).
Data for the March 2008 MPS graphs (Excel 1.5MB)

Webcast of the news conference.

2007

2007: December Monetary Policy Statement (PDF 1MB)
News release, 6 December 2007.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (38KB).
Data for the December 2007 MPS graphs (Excel 1.4MB)
Webcast of the news conference.

2007: September Monetary Policy Statement (PDF 1.2MB)
News release, 13 September 2007.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (33KB).
Data for the September 2007 MPS graphs (Excel 1.4MB)
Webcast of the news conference

2007: June Monetary Policy Statement (PDF 884KB)
News release, 7 June 2007.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (31KB).
Data for the June 2007 MPS graphs (Excel 911KB)

2007: March Monetary Policy Statement (PDF 885KB)
News release, 8 March 2007.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (31KB).
Data for the March 2007 MPS graphs (Excel 1MB)

2006

2006: December Monetary Policy Statement (PDF 810KB)
News release, 7 December 2006.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (34KB).
Data for the December 2006 MPS graphs (Excel 1MB)

2006: September Monetary Policy Statement (PDF 930KB)
News release, 14 September 2006.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (26KB).
Data for the September 2006 MPS graphs (Excel 1MB)

2006: June Monetary Policy Statement (PDF 1.1MB)
News release, 8 June 2006.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (30KB).
Data for the June 2006 MPS graphs (Excel 1MB)

2006: March Monetary Policy Statement (PDF 1.2MB)
News release, 9 March 2006.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (25KB).
Data for the March 2006 MPS graphs (Excel 1.1MB)

2005

2005: December Monetary Policy Statement (PDF 1.3MB)
News release, 8 December 2005.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (28KB).
Data for the December 2005 MPS graphs (Excel 1.1MB)

2005: September Monetary Policy Statement (PDF 1.2MB)
News release, 15 September 2005.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (46KB).
Data for the September 2005 MPS graphs (Excel 1MB)

2005: June Monetary Policy Statement (PDF 2.6MB)
News release, 9 June 2005.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (28KB).
Data for the June 2005 MPS graphs (Excel 867KB)

2005: March Monetary Policy Statement (PDF 1.46MB)
News release, 10 March 2005.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (28KB).
Data for the March 2005 MPS graphs (Excel 828KB)

2004

2004: December Monetary Policy Statement (PDF 1.4MB)
News release, 9 December 2004.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (28KB).
Data for the September 2004 MPS graphs (Excel 708KB)

2004: September Monetary Policy Statement (PDF 2.5MB)
News release, 9 September 2004.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (26KB).
Data for the September 2004 MPS graphs (Excel 682KB)

2004: June Monetary Policy Statement (PDF 1MB)
News release, 10 June 2004.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (9KB).
Data for the June 2004 MPS graphs (Excel 682KB)

2004: March Monetary Policy Statement (PDF 750KB)
News release, 11 March 2004.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (10KB).
Data for the March 2004 MPS graphs (Excel 700KB)

2003

2003: December Monetary Policy Statement (PDF 573KB)
News release, 4 December 2003.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (9KB).
Data for the December 2003 MPS graphs (Excel 628KB)

2003: September Monetary Policy Statement (PDF 736KB)
News release, 4 September 2003.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (9KB).
Data for the September 2003 MPS graphs (Excel 628KB)

2003: June Monetary Policy Statement (PDF 512KB)
News release, 5 June 2003.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (9KB).
Data for the June 2003 MPS graphs (Excel 333KB).

2003: March Monetary Policy Statement (PDF 508KB)
News release, 6 March 2003.
Policy assessment, by Governor Alan Bollard. Also available as a PDF (10KB).
Data for the March 2003 MPS graphs (Excel 334KB).

2002

2002: November Monetary Policy Statement (PDF 520KB)
News release, 20 November 2002.
Overview and policy assessment, by Governor Alan Bollard. Also available as a PDF (10KB).
Data for the November 2002 MPS graphs (Excel 319KB)

2002: August Monetary Policy Statement (PDF 1,599KB)
News release, 14 August 2002.
Overview and policy assessment, by Acting Governor Rod Carr. Also available as a PDF (30KB).
Data for the August 2002 MPS graphs (Excel 186KB)

2002: May Monetary Policy Statement (PDF 2,200KB)
News release, 15 May 2002.
Overview and policy assessment, by Acting Governor Rod Carr. Also available as a PDF (29KB).
Data for the May 2002 MPS graphs (Excel 182KB)

2002: March Monetary Policy Statement (PDF 1,815KB)
News release, 20 March 2002.
Overview and policy assessment by Governor Don Brash. Also available as a PDF (12KB).
Data for the March 2002 MPS graphs (Excel 80KB)
The New Zealand Economy: Ten Years at a Glance, March 2002 (PDF 34KB)

2001

2001: November Monetary Policy Statement (PDF 397KB)
News release, 14 November 2001. Also available as a PDF (7KB).
Overview and policy assessment by Governor Don Brash. Also available as a PDF (14KB).
Data for the November 2001 MPS graphs (Excel 134KB)
The New Zealand Economy: Ten Years at a Glance, November 2001 (PDF 29KB)

2001: August Monetary Policy Statement (PDF 254KB)
News release, 15 August 2001. Also available as a PDF (8KB).
Overview and policy assessment by Governor Don Brash. Also available as a PDF (13KB).
Data for the August 2001 MPS graphs (Excel 187KB)
The New Zealand Economy: Ten Years at a Glance, August 2001 (PDF 33KB)

2001: May Monetary Policy Statement (PDF 254KB)
News release, 16 May 2001. Also available as a PDF (8KB).
Overview and policy assessment by Governor Don Brash. Also available as a PDF (13KB).
Data for the May 2001 MPS graphs (Excel 85KB)
The New Zealand Economy: Ten Years at a Glance, May 2001 (PDF 33KB)

2001: March Monetary Policy Statement (PDF 178KB)
News release, 14 March 2001. Also available as a PDF (8KB).
Overview and policy assessment by Governor Don Brash. Also available as a PDF (16KB).
Data for the March 2001 MPS graphs (Excel 80KB)
The New Zealand Economy: Ten Years at a Glance, March 2001 (PDF 33KB)

2000

2000: December Monetary Policy Statement (PDF 230KB)
News release, 6 December 2000. Also available as a PDF (8KB).
Overview and policy assessment by Governor Don Brash. Also available as a PDF (16KB).
Data for the December 2000 MPS graphs (Excel 87KB)
The New Zealand Economy: Ten Years at a Glance, December 2000 (PDF 31KB)

2000: August Monetary Policy Statement (PDF 200KB)
News release, 16 August 2000
Overview and policy assessment by Governor Don Brash. Also available as a PDF (14KB)
Data for the August 2000 MPS graphs (Excel 1MB)
The New Zealand Economy: Ten Years at a Glance, August 2000 (PDF 29KB)
Governor Don Brash’s speaking notes to Parliament’s Finance and Expenditure Committee on the August MPS, 4 October 2000

2000: May Monetary Policy Statement (PDF 211KB)
News release, 17 May 2000.
Overview and policy assessment by Governor Don Brash. Also available as a PDF (14KB).
Data for the May 2000 MPS graphs (Excel 997KB)
The New Zealand Economy: Ten Years at a Glance, May 2000 (PDF 32KB)
RBNZ comments to Parliament’s Finance and Expenditure Committee, May 31 2000

2000: March Monetary Policy Statement (PDF 618KB)
News release, 15 March 2000.
Overview and policy assessment by Governor Don Brash. Also available as a PDF (274KB).
Data for the March 2000 MPS graphs (Excel - 682KB)
The New Zealand Economy: Ten Years at a Glance, March 2000 (PDF - 34KB)

1999

1999: November Monetary Policy Statement (PDF 173KB)
News release, 17 November 1999.
Overview and policy assessment by Governor Don Brash. Also available as a PDF (14KB).
Data for the November 1999 MPS graphs (Excel 202KB)
The New Zealand Economy: Ten Years at a Glance, November 1999 (PDF 31KB)

1999: August Monetary Policy Statement (PDF 168KB)
News release, 18 August 1999
Overview and policy assessment by Governor Don Brash
Data for the August 1999 MPS graphs (Excel 81KB)
The New Zealand Economy: Ten Years at a Glance, August 1999 (PDF 29KB)

1999: May Monetary Policy Statement (PDF 169KB)
News release, 19 May 1999
Overview and policy assessment by Governor Don Brash
Data for the May 1999 MPS graphs (Excel 53KB)
The New Zealand Economy: Ten Years at a Glance, May 1999 (PDF 31KB)

1999: March Monetary Policy Statement (PDF 217KB)
News release, 17 March 1999
Overview and policy assessment by Governor Don Brash
Data for the March 1999 MPS graphs (Excel 171KB)
The New Zealand Economy: Ten Years at a Glance, March 1999 (PDF 31KB)

1998

1998: November Monetary Policy Statement (PDF 173KB)
News release, 18 November 1998
Speaking notes for briefing journalists on the release of the November 1998 MPS
Data for the November 1998 MPS graphs (Excel 111KB)
The New Zealand Economy: Ten Years at a Glance, November 1998 (PDF 31KB)

1998: August Monetary Policy Statement (PDF 227KB)
News release, 20 August 1998
Speaking notes for briefing journalists on the release of the August 1998 MPS
Data for the August 1998 MPS graphs (Excel 110KB)
The New Zealand Economy: Ten Years at a Glance, August 1998 (PDF 31KB)

1998: May Monetary Policy Statement (PDF 184KB)
Speaking notes for briefing journalists on the release of the May 1998 MPS
Data for the May 1998 MPS graphs (Excel 88KB)

1998: March Economic Projections (PDF 252KB)
Speaking notes for briefing journalists on the release of the March 1998 Economic Projections
Data for the March 1998 graphs (Excel 87KB)

1997

1997: December Monetary Policy Statement (PDF 172KB)
Speaking notes for briefing journalists on the release of the 16 December 1997 Monetary Policy Statement
Data for the December 1997 graphs (Excel 79KB)

1997: September Economic Projections (PDF 130KB)
Speaking notes for press briefing on the release of the 18 September 1997 Economic Projections
Technical note on the Forecasting and Policy System (FPS) Data for the September 1997 graphs (Excel 52KB)

1997: June Monetary Policy Statement (PDF 131KB)
Speaking notes for briefing journalists on the release of the 27 June 1997 Monetary Policy Statement

1997: March Economic Projections (PDF 347KB)
Speaking notes for briefing journalists on the release of the 13 March 1997 Economic Projections

1996

1996: December Monetary Policy Statement (PDF 521KB)