Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
(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 -0.7% against a forecast of -0.8%.
Recent economic data has been moderately bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports | Bullish change | $6.53B | $6.71B | ||
Imports | Bullish change | $6.33B | $7.28B | ||
Trade Balance NZD (YoY) | Bullish change | $-4.38B | $-3.94B | ||
RBNZ Interest Rate Decision | Bearish change | 3.25% | 3% | ||
Producer Price Index - Output (QoQ) | Bearish change | 2.1% | 0.6% | ||
Business NZ PSI | Bullish change | 47.6 | 48.9 | ||
Business NZ PMI | Bullish change | 49.2 | 52.8 |
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 |