Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
The typical/expected impact on NZD pairs is high.
There is no forecast value for Gross Domestic Product (QoQ) yet - check back for updates.
The most recent announced value for Gross Domestic Product (QoQ) was -0.9% against a forecast of -0.3%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Building Permits s.a. (MoM) | Bearish change | 7.3% | -0.9% | ||
| Retail Sales (QoQ) | Bullish change | 0.7% | 1.9% | ||
| Retail Sales ex Autos (QoQ) | Bullish change | 1% | 1.2% | ||
| RBNZ Interest Rate Decision | Bearish change | 2.5% | 2.25% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Economic Activity |
| Frequency: | Quarterly |