Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The typical/expected impact on NZD pairs is medium.
There is no forecast value for Producer Price Index - Output (QoQ) yet - check back for updates.
The most recent announced value for Producer Price Index - Output (QoQ) was 2.1% against a forecast of 0.1%.
Recent economic data has been broadly neutral for NZD. Other recent announcements which may affect the market's interpretation of the next Producer Price Index - Output (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Business NZ PMI | Bullish change | 49.2 | 52.8 | ||
RBNZ Inflation Expectations (QoQ) | Bullish change | 2.29% | 2.28% | ||
Employment Change | Bearish change | 0.1% | -0.1% | ||
Labour Cost Index (QoQ) | Bullish change | 0.4% | 0.6% | ||
Participation Rate | Bearish change | 70.8% | 70.5% | ||
Unemployment Rate | Bearish change | 5.1% | 5.2% |
Country: | New Zealand |
---|---|
Currency: | NZD |
Source: | Stats NZ |
Category: | Inflation |
Frequency: | Quarterly |