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 1.1% against a forecast of 0.6%.
Other recent announcements which may affect the market's interpretation of the next Producer Price Index - Output (QoQ) 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: | Inflation |
Frequency: | Quarterly |