Breaking News

New Zealand Gross Domestic Product (GDP) QoQ

Latest Release

Mar 15, 2023

Actual

-0.6%

Forecast

-0.2%

1.7%

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.

A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.

Importance:

Country:

Currency: NZD

Source: Statistics New Zealand

Release Date	Time	Actual	Forecast	Previous
Jun 15, 2023 (Q1)	08:45			-0.6%
Mar 16, 2023 (Q4)	07:45	-0.6%	-0.2%	1.7%
Dec 15, 2022 (Q3)	07:45	2.0%	0.9%	1.9%
Sep 15, 2022 (Q2)	08:45	1.7%	1.0%	-0.2%
Jun 16, 2022 (Q1)	08:45	-0.2%	0.6%	3.0%
Mar 17, 2022 (Q4)	07:45	3.0%	3.2%	-3.7%

News

New Zealand economy shrinks in Q4 as rate hikes, high inflation weigh By Investing.com - Mar 16, 2023

By Ambar Warrick Investing.com -- New Zealand’s economic growth missed expectations in the fourth quarter, data showed on Thursday, with gross domestic product instead shrinking amid pressure...

RBNZ raises rates by 50 bps, flags more hikes as inflation remains high By Investing.com - Feb 22, 2023

By Ambar Warrick Investing.com -- The Reserve Bank of New Zealand hiked interest rates as expected on Wednesday and forecast more increases in borrowing costs as the country grapples with higher...

Japanese Yen Dips After Record Trade Deficit, Asia FX Weakens By Investing.com - Sep 15, 2022

By Ambar Warrick Investing.com-- The Japanese yen was among the worst-performing Asian currencies on Thursday after the country logged a record trade deficit for August, while fears of more hawkish...

Analysis

The Overnight Report: Volatility By Greg Peel - Mar 14, 2023

By Greg Peel And we’re back. Apologies for being off air yesterday. Data centre issue beyond our control. Recap Last week Silicon Valley Bank announced it was looking to raise new capital. The...

The Overnight Report: Nothing To See Here By Greg Peel - Dec 15, 2022

Risky Trade It seems the computers were very excited yesterday in the wake of the big drop in annualised US inflation, shooting the ASX200 up 50 points from the open when the futures suggested only...

Australian dollar sell the rumour, buy the fact By David Llewellyn-Smith - Jun 16, 2022

DXY eased overnight as the Fed delivered its 75bps knockout hike: AUD did the usual buy the fact:Encouragingly, oil did not:But everything else did: EMs (NYSE:EEM), miners (LON:GLEN), commodities,...

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