Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD 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 1.1% against a forecast of 0.9%.
Recent economic data has been broadly neutral for NZD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Employment Change | Bullish change | 0% | 0.5% | ||
| Labour Cost Index (QoQ) | Bearish change | 0.5% | 0.4% | ||
| Participation Rate | Bullish change | 70.3% | 70.5% | ||
| Unemployment Rate | Bearish change | 5.3% | 5.4% | ||
| Building Permits s.a. (MoM) | Bearish change | 2.7% | -4.6% | ||
| Exports | Bullish change | $6.81B | $7.65B | ||
| Imports | Bullish change | $7.15B | $7.6B | ||
| Trade Balance NZD (YoY) | Bullish change | $-2.22B | $-2.2B | ||
| Consumer Price Index (QoQ) | Bearish change | 1% | 0.6% | ||
| Consumer Price Index (YoY) | Bullish change | 3% | 3.1% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Economic Activity |
| Frequency: | Quarterly |