Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The most recent announced value for Producer Price Index - Output (QoQ) was 0.8% against a forecast of 0.5%.
Other recent announcements which may affect the market's interpretation of the next Producer Price Index - Output (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (QoQ) | Bullish change | 0.5% | 0.8% | ||
| Gross Domestic Product (YoY) | (no change) | 1.5% | 1.5% | ||
| Business NZ PSI | Bearish change | 48.7 | 47.5 | ||
| Business NZ PMI | Bearish change | 50.4 | 49.9 |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Inflation |
| Frequency: | Quarterly |