Producer Price Index - Output (QoQ)
Most recent - Thursday 16 May 2024 22:45
Previous
0.7%
Revised
-
Forecast
0.5%
Actual
0.9%
Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
Trading range
Forecast history
The most recent announced value for Producer Price Index - Output (QoQ) was 0.9% against a forecast of 0.5%.
Past events
Date
Forecast
Actual
Thursday 16 May 2024 22:45
0.5%
0.9%
Tuesday 20 February 2024 21:45
0.4%
0.7%
Thursday 16 November 2023 21:45
-
0.8%
Wednesday 16 August 2023 22:45
0.7%
0.2%
Wednesday 17 May 2023 22:45
1.3%
0.3%
Monday 20 February 2023 21:45
2.1%
0.9%
Wednesday 16 November 2022 21:45
2.7%
1.6%
Tuesday 16 August 2022 22:45
2.1%
2.4%
Wednesday 18 May 2022 22:45
-
2.6%
Thursday 17 February 2022 21:45
2.3%
1.4%
Tuesday 16 November 2021 21:45
-
1.8%
Tuesday 17 August 2021 22:45
0.1%
2.6%
Economic context
Recent economic data has been strongly bearish 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 | $7B | $6.17B | ||
| Imports | Bearish change | $6.94B | $5.47B | ||
| Trade Balance NZD (YoY) | Bullish change | $-10.21B | $-9.4B | ||
| Consumer Price Index (QoQ) | Bearish change | 0.6% | 0.4% | ||
| Consumer Price Index (YoY) | Bearish change | 4% | 3.3% | ||
| Business NZ PSI | Bearish change | 42.6 | 40.2 |
About Producer Price Index - Output (QoQ)
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Inflation |
| Frequency: | Quarterly |
Related events
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