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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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Latest Release
Dec 14, 2022
Actual
6.4%
Forecast
5.5%
Previous
0.3%
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
Dec 14, 2022 (Q3) 21:45 6.4% 5.5% 0.3%
Sep 14, 2022 (Q2) 22:45 0.4% 0.2% 1.2%
Jun 15, 2022 (Q1) 22:45 1.2% 3.3% 3.1%
Mar 16, 2022 (Q4) 21:45 3.1% 3.3% -0.3%
Dec 15, 2021 (Q3) 21:45 -0.3% -1.6% 17.9%
Sep 15, 2021 (Q2) 22:45 17.4% 16.3% 2.9%

News

New Zealand Q2 GDP Beats Expectations, Avoids Recession
New Zealand Q2 GDP Beats Expectations, Avoids Recession By Investing.com - Sep 15, 2022

By Ambar Warrick  Investing.com-- New Zealand’s economy grew more than expected in the second quarter, data showed on Thursday, as the country began rolling back restrictions introduced during the...

Asia FX Tepid, Dollar Steadies Ahead of U.S. CPI Inflation
Asia FX Tepid, Dollar Steadies Ahead of U.S. CPI Inflation By Investing.com - Sep 13, 2022

By Ambar Warrick Investing.com-- Most Asian currencies moved little on Tuesday, while the U.S. dollar curbed a recent losing streak as markets turned cautious ahead of hotly anticipated U.S. inflation...

Dollar Down, Yen Falls Behind as Fed Hikes Interest Rates
Dollar Down, Yen Falls Behind as Fed Hikes Interest Rates By Investing.com - Mar 17, 2022

By Gina Lee Investing.com – The dollar was down on Thursday morning in Asia. The yen was at a six-year low on the dollar as investors continue to digest a hawkish outlook from the U.S. Federal Reserve...

Analysis

Kathy Lien
Has The Fed Doomed The Dollar?   By Kathy Lien - Jun 24, 2019

Last week marked a significant turning point for the US dollar. For the first time since Jerome Powell became chair of the Federal Reserve, the central bank is thinking about easing. The US dollar was...

GDP (YoY) Discussion

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