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 -1% against a forecast of -0.4%.
Recent economic data has been broadly neutral for NZD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
RBNZ Interest Rate Decision | Bearish change | 4.25% | 3.75% | ||
Producer Price Index - Output (QoQ) | Bearish change | 1.5% | -0.1% | ||
Business NZ PSI | Bullish change | 48.1 | 50.4 | ||
Business NZ PMI | Bullish change | 46.2 | 51.4 | ||
RBNZ Inflation Expectations (QoQ) | Bullish change | 2.12% | 2.06% |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Economic Activity |
Frequency: | Quarterly |