Economic Calendar and indicators of New Zealand

Overview

Indicator Last Reference Previous Frequency
GDP q/q -0.1% 4 Q 2023 -0.3% Quarterly
Unemployment Rate 4.3% 1 Q 2024 4.0% Quarterly
CPI q/q 0.6% 1 Q 2024 0.5% Quarterly
RBNZ Interest Rate Decision 5.50% 5.50%
Trade Balance $​0.588 B Mar 2024 $​-0.315 B Monthly

Economic Calendar

Time,
Currency
Event
Actual
Forecast
Previous
2024.05.07 14:56, NZD, GDT Price Index, Actual: 1.8%, Forecast: 4.0%, Previous: 0.1%
2024.05.09 22:30, NZD, BusinessNZ Manufacturing Index, Forecast: 45.7, Previous: 47.1
2024.05.10 19:30, NZD, CFTC NZD Non-Commercial Net Positions, Previous: -8.6 K
2024.05.12 22:30, NZD, BusinessNZ Services Index, Previous: 47.5
2024.05.13 03:00, NZD, RBNZ 2-Year Inflation Expectations, Previous: 2.50%
2024.05.13 22:45, NZD, Electronic Card Retail Sales m/m, Forecast: -0.2%, Previous: -0.7%
2024.05.13 22:45, NZD, Electronic Card Retail Sales y/y, Forecast: -0.2%, Previous: -3.0%
2024.05.13 22:45, NZD, Visitor Arrivals m/m, Forecast: 0.6%, Previous: 0.9%
2024.05.13 22:45, NZD, Visitor Arrivals y/y, Forecast: 31.9%, Previous: 35.0%
2024.05.16 03:00, NZD, RBNZ Non-Resident Debt Holdings, Forecast: 60.0%, Previous: 58.9%
2024.05.16 22:45, NZD, PPI Input q/q, Forecast: 0.6%, Previous: 0.9%
2024.05.16 22:45, NZD, PPI Output q/q, Forecast: 0.8%, Previous: 0.7%

Economic indicators

Market Last Reference Previous Frequency
CFTC NZD Non-Commercial Net Positions -8.6 K 30 Apr 2024 -12.0 K Weekly
GDP Last Reference Previous Frequency
GDP Annual Change 0.6% 4 Q 2023 1.3% Quarterly
GDP Expenditures q/q 0.0% 4 Q 2023 -0.4% Quarterly
GDP q/q -0.1% 4 Q 2023 -0.3% Quarterly
GDP y/y -0.3% 4 Q 2023 -0.6% Quarterly
Labor Last Reference Previous Frequency
Employment Change q/q -0.2% 1 Q 2024 0.4% Quarterly
Labor Cost Index q/q 0.8% 1 Q 2024 1.0% Quarterly
Labor Cost Index y/y 3.8% 1 Q 2024 3.9% Quarterly
Net Permanent & Long-Term Migration 1.139 K Jul 2021 0.527 K Monthly
Participation Rate 71.5% 1 Q 2024 71.9% Quarterly
Unemployment Rate 4.3% 1 Q 2024 4.0% Quarterly
Visitor Arrivals m/m 0.9% Feb 2024 7.6% Monthly
Visitor Arrivals y/y 35.0% Feb 2024 21.7% Monthly
Prices Last Reference Previous Frequency
ANZ Commodity Price Index m/m 0.5% Apr 2024 -1.3% Monthly
CPI q/q 0.6% 1 Q 2024 0.5% Quarterly
CPI y/y 4.0% 1 Q 2024 4.7% Quarterly
Export Price Index q/q -4.2% 4 Q 2023 -1.4% Quarterly
Export Volume Index q/q 2.6% 4 Q 2023 -5.4% Quarterly
Food Price Index m/m -0.4% Sep 2023 0.5% Monthly
GDT Price Index 1.8% 0.1%
Import Price Index q/q 3.8% 4 Q 2023 -0.9% Quarterly
Import Volume Index q/q -7.0% 4 Q 2023 -3.5% Quarterly
PPI Input q/q 0.9% 4 Q 2023 1.2% Quarterly
PPI Output q/q 0.7% 4 Q 2023 0.8% Quarterly
RBNZ 2-Year Inflation Expectations 2.50% 1 Q 2024 2.76% Quarterly
Terms of Trade Index q/q -7.7% 4 Q 2023 -0.6% Quarterly
Money Last Reference Previous Frequency
RBNZ Interest Rate Decision 5.50% 5.50%
Trade Last Reference Previous Frequency
Current Account $​-7.837 B 4 Q 2023 $​-10.974 B Quarterly
Current Account - GDP Ratio -6.9% 4 Q 2023 -7.4% Quarterly
Current Account 12-Months $​-27.803 B 4 Q 2023 $​-29.766 B Quarterly
Exports $​6.497 B Mar 2024 $​5.789 B Monthly
Imports $​5.910 B Mar 2024 $​6.104 B Monthly
Trade Balance $​0.588 B Mar 2024 $​-0.315 B Monthly
Trade Balance 12-Months $​-9.873 B Mar 2024 $​-12.063 B Monthly
Government Last Reference Previous Frequency
Net Debt Forecast, % GDP 43.5%
OBEGAL Forecast N/D $​-10.034 B
RBNZ Non-Resident Debt Holdings 58.9% Mar 2024 58.7% Monthly
Business Last Reference Previous Frequency
ANZ Activity Outlook 14.3 Apr 2024 22.5 Monthly
ANZ Business Confidence 14.9 Apr 2024 22.9 Monthly
BusinessNZ Manufacturing Index 47.1 Mar 2024 49.1 Monthly
BusinessNZ Services Index 47.5 Mar 2024 52.6 Monthly
Manufacturing Sales Volume q/q 11.4% 4 Q 2023 -1.1% Quarterly
Manufacturing Sales q/q -0.7% 4 Q 2023 -2.8% Quarterly
Consumer Last Reference Previous Frequency
Core Retail Sales q/q -1.7% 4 Q 2023 0.4% Quarterly
Electronic Card Retail Sales m/m -0.7% Mar 2024 -2.0% Monthly
Electronic Card Retail Sales y/y -3.0% Mar 2024 2.5% Monthly
RBNZ Credit Card Spending y/y 1.4% Mar 2024 2.1% Monthly
Retail Sales q/q -1.9% 4 Q 2023 -0.8% Quarterly
Retail Sales y/y -4.1% 4 Q 2023 -3.4% Quarterly
Westpac McDermott Miller Consumer Confidence 93.2 1 Q 2024 88.9 Quarterly
Housing Last Reference Previous Frequency
Building Consents m/m -0.2% Mar 2024 15.9% Monthly