Challenges
Gross Domestic Product (QoQ)
Most recent - Wednesday 20 September 2023 22:45
Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
Next event - Wednesday 13 December 2023 21:45
The typical/expected impact on NZD pairs is high.
There is no forecast value for Gross Domestic Product (QoQ) yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Gross Domestic Product (QoQ) was 0.9% against a forecast of 0.5%.
Past events
Economic context
Recent economic data has been strongly bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Building Permits s.a. (MoM) | Bullish change | -4.6% | 8.7% | ||
| RBNZ Interest Rate Decision | (no change) | 5.5% | 5.5% | ||
| Retail Sales (QoQ) | Bullish change | -0.9% | 0% | ||
| Retail Sales ex Autos (QoQ) | Bullish change | -1.6% | 1% | ||
| Exports | Bullish change | $4.77B | $5.4B | ||
| Imports | Bearish change | $7.19B | $7.11B | ||
| Trade Balance NZD (YoY) | Bullish change | $-15.41B | $-14.81B |
About Gross Domestic Product (QoQ)
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Economic Activity |
| Frequency: | Quarterly |