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 (YoY) yet - check back for updates.
The most recent announced value for Gross Domestic Product (YoY) was -0.3% against a forecast of 0.1%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Producer Price Index - Output (QoQ) | Bullish change | 0.7% | 0.9% | ||
RBNZ Inflation Expectations (QoQ) | Bullish change | 2.5% | 2.33% | ||
Business NZ PSI | Bearish change | 47.2 | 47.1 | ||
Business NZ PMI | Bullish change | 46.8 | 48.9 |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Economic Activity |
Frequency: | Quarterly |