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.
The consensus forecast for Gross Domestic Product (QoQ) is 0.4%. A higher value than forecast tends to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The most recent announced value for Gross Domestic Product (QoQ) was 1.1% 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 | ||||
|---|---|---|---|---|---|
| Business NZ PSI | Bearish change | 50.7 | 48 | ||
| Business NZ PMI | Bearish change | 55.1 | 55 | ||
| Building Permits s.a. (MoM) | Bullish change | -4.5% | 1.9% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Economic Activity |
| Frequency: | Quarterly |