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 1.5% against a forecast of 0.9%.
Recent economic data has been moderately bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Producer Price Index - Output (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports | Bullish change | $5.61B | $6.48B | ||
Imports | Bearish change | $7.27B | $6.92B | ||
Trade Balance NZD (YoY) | Bullish change | $-9.07B | $-8.25B | ||
Gross Domestic Product (QoQ) | Bullish change | -1.1% | -1% | ||
Gross Domestic Product (YoY) | Bearish change | -0.5% | -1.5% | ||
Westpac Consumer Survey | Bullish change | 90.8 | 97.5 |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Inflation |
Frequency: | Quarterly |