Current Account (QoQ)

The Current Account released by the Statistics New Zealand is a net flow of current transactions, including goods, services, and interest payments into and out of New Zealand. A current account surplus indicates that the flow of capital into New Zealand exceeds the capital reduction. Normally, a high reading is seen as positive (or Bullish) for the NZD, whereas a low reading is seen as negative (or Bearish).

Most recent - Tuesday 18 June 2024 22:45

Previous
$-7.837B
Revised
$-7.975B
Forecast
$-4.55B
Actual
$-4.359B

Trading range

Forecast history

The most recent announced value for Current Account (QoQ) was $-4.359B against a forecast of $-4.55B.

Past events

Date
Forecast
Actual
Tuesday 18 June 2024 22:45
$-4.55B
$-4.359B
Tuesday 19 March 2024 21:45
$-7.8B
$-7.837B
Tuesday 12 December 2023 21:45
$-10.848B
$-11.465B
Tuesday 19 September 2023 22:45
$-4.8B
$-4.208B
Tuesday 13 June 2023 22:45
$-6.896B
$-5.215B
Tuesday 14 March 2023 21:45
$-7.64B
$-9.458B
Tuesday 13 December 2022 21:45
$-10B
$-10.2B
Tuesday 13 September 2022 22:45
$-4.7B
$-5.224B
Tuesday 14 June 2022 22:45
$-5.5B
$-6.143B
Tuesday 15 March 2022 21:45
$-6.213B
$-7.26B
Tuesday 14 December 2021 21:45
$-7.913B
$-8.3B
Tuesday 14 September 2021 22:45
$-0.915B
$-1.396B

Economic context

Recent economic data has been strongly bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Current Account (QoQ) result:

PreviousLatest
ExportsBearish change$7B$6.17B
ImportsBearish change$6.94B$5.47B
Trade Balance NZD (YoY)Bullish change$-10.21B$-9.4B
Consumer Price Index (QoQ)Bearish change0.6%0.4%
Consumer Price Index (YoY)Bearish change4%3.3%
Business NZ PSIBearish change42.640.2

About Current Account (QoQ)

Country:New Zealand
Currency:NZD
Source:Stats NZ
Category:Capital Flows
Frequency:Quarterly
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