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 (QoQ) was 0.7% against a forecast of 0.4%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports | Bullish change | $6.61B | $7.59B | ||
Imports | Bullish change | $6.22B | $6.62B | ||
Trade Balance NZD (YoY) | Bullish change | $-6.63B | $-6.13B |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Economic Activity |
Frequency: | Quarterly |