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New Zealand Gross Domestic Product (GDP) QoQ

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New Zealand Gross Domestic Product (GDP) QoQ

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Delivery Method

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Status

 
Latest Release
Jun 16, 2021
Actual
1.6%
Forecast
0.5%
Previous
-1.0%
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
New Zealand Gross Domestic Product (GDP) QoQ
 
Release Date Time Actual Forecast Previous
Jun 16, 2021 (Q1) 18:45 1.6% 0.5% -1.0%
Mar 17, 2021 (Q4) 17:45 -1.0% 0.1% 13.9%
Dec 16, 2020 (Q3) 17:45 14.0% 13.5% -11.0%
Sep 16, 2020 (Q2) 18:45 -12.2% -12.8% -1.4%
Jun 17, 2020 (Q1) 18:45 -1.6% -1.0% 0.5%
Mar 18, 2020 (Q4) 17:45 0.5% 0.5% 0.8%

News

Analysis

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GDP (QoQ) Discussion

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All Comments (7)
risheel madhineni
risheel madhineni Dec 21, 2016 5:17PM ET
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New Zealand Gross Domestic Product (GDP) QoQ. Create Alert. is more than fore cast can any one tell me why the market has moved against the trend the NZD has fallen even the GDP value is more than the forecast :) :)
risheel madhineni
risheel madhineni Dec 21, 2016 5:17PM ET
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any help ???????
Anam Ashraf
Anam Ashraf Dec 21, 2016 5:17PM ET
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risheel madhineni  Actual and Forecast value is the same that is 0.8
arnau bosch
arnau bosch Sep 18, 2014 4:03AM ET
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Hello everyone, I'm new here. I just wanted to know how (which website) to listen at the FOMC speeches and other events that are released in speech form instead of official data. Thank you in advance!
Amol Bhoye
Amol Bhoye Jun 19, 2014 12:33AM ET
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Y did nzd went down the result was positive????
marcus maximus
marcus maximus Jun 19, 2014 12:33AM ET
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Its all about expectation in currency trading. To go UP the Actual has to beat the forecast.
marcus maximus
marcus maximus Jun 18, 2014 7:02PM ET
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As I said, I believed that 1.2% was a bit too high. I have to stop trading NZD/USD.
Mohamed Essam
Mohamed Essam Jun 18, 2014 5:58PM ET
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NZD/USD up.
Daniel Oliveira
Daniel Oliveira Jun 18, 2014 5:58PM ET
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Agreed
Neyber Trading
Neyber Trading Jun 18, 2014 5:58PM ET
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yess
Olajide Elias
Olajide Elias Jun 18, 2014 4:06PM ET
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Hi friends, what's will happen to . GBPNZD?
Afro Dizz
Afro Dizz Jun 18, 2014 4:06PM ET
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sell GBPNZD with confidence (because of GBP)
marcus maximus
marcus maximus Jun 16, 2014 10:04PM ET
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1.2% is a pretty high. I think that 1.1% is more reasonable.
 
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