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 (YoY) was -0.7% against a forecast of -0.8%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Business NZ PMI | Bullish change | 47.4 | 48.8 | ||
RBNZ Interest Rate Decision | (no change) | 3.25% | 3.25% | ||
Building Permits s.a. (MoM) | Bullish change | -14.6% | 10.4% |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Economic Activity |
Frequency: | Quarterly |