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 medium.
There is no forecast value for Producer Price Index - Output (QoQ) yet - check back for updates.
The most recent announced value for Producer Price Index - Output (QoQ) was 1.6% against a forecast of 0.8%.
Recent economic data has been moderately bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Producer Price Index - Output (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Exports | Bearish change | $6.48B | $6.47B | ||
| Imports | Bullish change | $8.02B | $8.44B | ||
| Trade Balance NZD (YoY) | Bearish change | $-5.61B | $-6.18B | ||
| Business NZ PSI | Bearish change | 51 | 50.9 | ||
| Business NZ PMI | Bullish change | 53.3 | 56.5 |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Inflation |
| Frequency: | Quarterly |