The typical/expected impact on NZD pairs is high.
The consensus forecast for Gross Domestic Product (YoY) is -0.5%. A higher value than forecast tends to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The most recent announced value for Gross Domestic Product (YoY) was 0.3% against a forecast of 0.2%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Business NZ PSI | Bullish change | 45.2 | 45.5 | ||
Business NZ PMI | Bullish change | 44.4 | 45.8 |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Economic Activity |
Frequency: | Quarterly |