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 (QoQ) yet - check back for updates.
The most recent announced value for Gross Domestic Product (QoQ) was -0.9% against a forecast of -0.3%.
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) | (no change) | 0.6% | 0.6% | ||
| Business NZ PSI | Bullish change | 48.3 | 48.7 | ||
| Business NZ PMI | Bullish change | 49.9 | 51.4 | ||
| RBNZ Inflation Expectations (QoQ) | (no change) | 2.28% | 2.28% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Economic Activity |
| Frequency: | Quarterly |