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New Zealand Gross Domestic Product (GDP) YoY

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New Zealand Gross Domestic Product (GDP) YoY

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Status

 
Latest Release
Jun 14, 2017
Actual
2.5%
Forecast
2.7%
Previous
2.7%
Total business activity comprises primary industries + goods producing industries + service industries. Includes unallocated taxes on production and imports, bank service charge and balancing items. Conceptually, both the production and expenditure-based GDP series are the same. However, as each series uses independent data and estimation techniques, some differences between the alternative measures arise. The expenditure-based series has historically shown more quarterly volatility and is more likely to be subject to timing and valuation problems. For these reasons, the production-based measure is the preferred measure for quarter-on-quarter and annual changes.
Importance:
Country:
Currency: NZD
Source: Statistics New Zealand
New Zealand Gross Domestic Product (GDP) YoY
 
Release Date Time Actual Forecast Previous
Jun 14, 2017 (Q1) 23:45 2.5% 2.7% 2.7%
Mar 15, 2017 (Q4) 22:45 2.7% 3.1% 3.3%
Dec 21, 2016 (Q3) 22:45 3.5% 3.7% 3.4%
Sep 14, 2016 (Q2) 23:45 3.6% 3.7% 3.0%
Jun 15, 2016 (Q1) 23:45 2.8% 2.6% 2.3%
Mar 16, 2016 (Q4) 22:45 2.3% 2.0% 2.3%

News

text
Forex - Dollar climbs to 2-week highs vs. other majors By Investing.com - Jun 15, 2017

Investing.com - The dollar climbed to two-week highs against other major currencies on Thursday, as a string of upbeat U.S. data and the Federal Reserve’s decision to raise interest rates ...

text
Dollar remains moderately lower despite U.S. jobless data By Investing.com - Sep 17, 2015 1

Investing.com - The dollar remained moderately lower against against the other major currencies on Thursday, even after data showed that U.S. jobless claims fell more than expected last week, as ...

Analysis

Kathy Lien
3 Central-Bank Meetings, 3 Reasons To Worry By Kathy Lien - Jan 22, 2016

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. What a week it has been in the foreign-exchange market! The turnaround in oil, recovery in currencies and rebound in global ...

GDP (YoY) Discussion

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