Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
The most recent announced value for Gross Domestic Product (QoQ) was 0.8% against a forecast of 0.9%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Producer Price Index - Output (QoQ) | Bullish change | 0.8% | 1.6% | ||
| Business NZ PSI | Bearish change | 50.9 | 50.6 | ||
| Business NZ PMI | Bearish change | 60.1 | 54.3 | ||
| RBNZ Inflation Expectations (QoQ) | Bullish change | 2.53% | 2.34% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Economic Activity |
| Frequency: | Quarterly |