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 (YoY) yet - check back for updates.
(A summary of the historic trading range after each event is not available for Gross Domestic Product (YoY). Please check the candle charts instead.)
The trading range of was pips following the most recent Gross Domestic Product (YoY).
The most recent announced value for Gross Domestic Product (YoY) was -1.5% 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 (YoY) 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 |
---|---|
Currency: | NZD |
Source: | Stats NZ |
Category: | Economic Activity |
Frequency: | Quarterly |
The value of Gross Domestic Product (YoY) has been announced.
Forecast | Actual |