标准普尔/新西兰元50指数周五收于11865点，涨幅不大，回吐了前一交易日的涨幅，但本周仍小幅上涨，投资者继续评估美国利率前景。周三，尽管消费者价格通胀低于预期，美联储仍下调了降息预期。此外，周四的数据显示，5月份美国生产者价格意外下跌。在国内方面，新西兰制造业5月份进一步收缩，将跌幅扩大到15个月。此外，该国5月份的年度食品通胀率降至0.2%，为2018年9月以来的最低水平。投资者现在期待着下周公布的中国第一季度GDP数据。大型公用事业提供商的股票涨跌互现，Mercury NZ下跌0.4%，Meridian Energy下跌0.9%，Infratil上涨1.9%，Contact Energy上涨1.4%。澳新银行和西太平洋银行分别下跌1.1%和0.7%。

The S&P/NZX 50 index closed little changed at 11,865 on Friday, giving up the previous session's gains but still ending the week with a modest increase, as investors continued to assess the outlook for US interest rate. On Wednesday, the Federal Reserve tempered its rate-cut expectations even as consumer price inflation came in softer than expected. Also, Thursday’s data showed an unexpected drop in US producer prices for May. On the domestic front, New Zealand’s manufacturing sector contracted further in May, extending the decline to 15 months. Moreover, the country's annual food inflation slowed to 0.2% in May, its lowest since September 2018. Investors now look forward to the country's first-quarter GDP data due next week. Stocks of large-cap utility providers were mixed, with Mercury NZ down 0.4% and Meridian Energy lost 0.9%, while Infratil added 1.9% and Contact Energy rose 1.4%. Banks ANZ and Westpac fell 1.1% and 0.7%, respectively.

新西兰元兑0.616美元，美元走强，受美联储鹰派立场推动，尽管通胀有所降温。周三，美联储将今年的利率预测从3月份的三次下调至一次，这可能会将降息推迟到12月。与此同时，最近的数据显示，美国5月份生产者价格意外下跌，这增加了周三的报告，即消费者价格通胀的涨幅低于预期。在国内，新西兰储备银行表示，它没有在2024年降息的计划，在2025年年中之前不太可能降息。尽管面临经济挑战，政策制定者警告称，通货膨胀仍有上升风险。在经济数据方面，新西兰5月份的年度食品通胀率降至0.2%，为2018年9月以来的最低水平。此外，该国制造业在5月份进一步收缩，将降幅延长至15个月。

The New Zealand dollar traded at $0.616 amid a firm US dollar, driven by the Federal Reserve's hawkish hold despite cooling inflation. On Wednesday, the Fed adjusted its rate forecast to one reduction this year, down from three in March, potentially delaying the start of rate cuts to as late as December. Meanwhile, recent data showed that US producer prices unexpectedly fell in May, adding to Wednesday's report that consumer price inflation rose less than expected. At home, the Reserve Bank of New Zealand indicated that it has no plans to reduce rates in 2024, with any rate cuts unlikely until mid-2025. Despite facing economic challenges, policymakers have warned that there are still upward risks to inflation. On the economic data front, New Zealand’s annual food inflation slowed to 0.2% in May, its lowest since September 2018. Moreover, the country's manufacturing sector contracted further in May, extending the decline into 15 months.

新西兰股市在上一交易日上涨后，周五早盘下跌46点，跌幅0.4%，至11826点，主要受科技、金融和耐用消费品拖累。由于新订单再次收缩，新西兰商业业绩连续第14个月萎缩，新的经济数据打压了市场情绪。华尔街隔夜表现乐观，标普和纳斯达克连续第四个交易日创下历史新高，为跌幅画上句号，因为美国通胀低于预期，增加了美联储今年降息的押注。2002年5月，新西兰食品通胀率降至0.2%，为2018年9月以来的最低水平。本周，新西兰元50指数将下跌0.3%，这将是连续第二周下跌，因为在大陆生产者价格持续下跌后，交易员质疑中国经济复苏。早期下跌的是Vulcan Steel（-3.7%），其次是澳新银行集团（-1.9%）和奥克兰国际机场（-1.1%）。

Equities in New Zealand fell 46 points or 0.4% to 11,826 on Friday morning trade after gaining in the prior session, mainly dragged by tech, financials, and consumer durables. The fresh economic data pressured sentiment after the business performance in New Zealand continued to shrink for the 14th straight month due to a renewed contraction in new orders. Capping the fall was an upbeat session on Wall Street overnight, with S&P and Nasdaq hitting a new record high for a 4th straight session overnight, as softer-than-expected US inflation raised bets the Fed to cut rates this year. New Zealand food inflation eased to 0.2% in May 2002, the lowest since September 2018. For the week, the NZE 50 is heading for a 0.3% drop, which would be the 2nd straight weekly decline, as traders questioned Chinese economic recovery after producer prices in the mainland continued to fall. Early losers were Vulcan Steel (-3.7%), followed by ANZ Group (-1.9%) and Auckland International Airport (-1.1%).

新西兰的年度食品通胀率在一个月前回升至0.8%后，于2024年5月放缓至0.2%。这是自2018年9月以来消费者价格的最小涨幅，受水果和蔬菜（-11.4%对-1.1%）以及肉类、家禽和鱼类（-1.2%对0%）价格下跌的推动，这是三年多来的首次价格下跌。然而，造成这一增长的主要原因是：餐厅餐和即食食品（4.8%对0.1%）；杂货食品（1.3%对-0.6%）和非酒精饮料（2.7%对1.4%）。

The annual food inflation in New Zealand slowed to 0.2% in May 2024, after picking up to 0.8% in a month earlier. It was the smallest rise in consumer prices since September 2018, driven by cheaper prices for fruit and vegetables (-11.4 percent vs -1.1%) and meat, poultry, and fish (-1.2 percent vs 0%) marking the first price drop in over three years. However, main contributors to the rise were: restaurant meals and ready-to-eat food (4.8% vs 0.1%); grocery food (1.3% vs -0.6%) and non-alcoholic beverage (2.7% vs 1.4%).