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 (QoQ) was 0.2% against a forecast of 0%.
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 (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports | Bullish change | $6.31B | $7.16B | ||
Imports | Bullish change | $6.32B | $6.95B | ||
Trade Balance NZD (YoY) | Bullish change | $-10.22B | $-10.05B | ||
Westpac Consumer Survey | Bearish change | 93.2 | 82.2 | ||
Business NZ PSI | Bearish change | 46.6 | 43 |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Economic Activity |
Frequency: | Quarterly |