Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The most recent announced value for Producer Price Index - Output (QoQ) was 1.6% against a forecast of 0.8%.
Recent economic data has been broadly neutral for NZD. Other recent announcements which may affect the market's interpretation of the next Producer Price Index - Output (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Exports | Bearish change | $7.83B | $7.39B | ||
| Imports | Bullish change | $8.06B | $9.34B | ||
| Trade Balance NZD (YoY) | Bearish change | $-4.04B | $-5.23B | ||
| Business NZ PSI | Bearish change | 50.9 | 50.6 | ||
| Business NZ PMI | Bearish change | 60.1 | 54.3 | ||
| RBNZ Inflation Expectations (QoQ) | Bullish change | 2.53% | 2.34% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Inflation |
| Frequency: | Quarterly |