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
2024.05.16 03:00, NZD, RBNZ Non-Resident Debt Holdings, Actual: 58.5%, 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%
2024.05.17 19:30, NZD, CFTC NZD Non-Commercial Net Positions, Previous: -11.2 K
2024.05.21 03:00, NZD, RBNZ Credit Card Spending y/y, Forecast: 3.7%, Previous: 1.4%
2024.05.21 14:00, NZD, GDT Price Index, Forecast: -0.4%, Previous: 1.8%
2024.05.22 16:00, NZD, RBNZ Rate Statement
2024.05.22 16:00, NZD, RBNZ Monetary Policy Statement
2024.05.22 16:00, NZD, RBNZ Interest Rate Decision, Previous: 5.50%
2024.05.22 17:00, NZD, RBNZ Press Conference
2024.05.22 22:45, NZD, Retail Sales q/q, Forecast: 0.2%, Previous: -1.9%
2024.05.22 22:45, NZD, Core Retail Sales q/q, Forecast: 1.3%, Previous: -1.7%
2024.05.22 22:45, NZD, Retail Sales y/y, Forecast: 2.0%, Previous: -4.1%
2024.05.23 22:45, NZD, Exports, Previous: $6.497 B
2024.05.23 22:45, NZD, Imports, Previous: $5.910 B
2024.05.23 22:45, NZD, Trade Balance, Forecast: $1.316 B, Previous: $0.588 B
2024.05.23 22:45, NZD, Trade Balance 12-Months, Forecast: $-8.483 B, Previous: $-9.873 B
2024.05.24 19:30, NZD, CFTC NZD Non-Commercial Net Positions
Economic indicators
| Market | Last | Reference | Previous | Frequency |
|---|---|---|---|---|
| CFTC NZD Non-Commercial Net Positions | -11.2 K | 7 May 2024 | -8.6 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 | 9.1% | Mar 2024 | 1.6% | Monthly |
| Visitor Arrivals y/y | 27.9% | Mar 2024 | 35.0% | 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 | 2.33% | 2 Q 2024 | 2.50% | 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 | $-9.320 B | $-10.034 B | ||
| RBNZ Non-Resident Debt Holdings | 58.5% | Apr 2024 | 58.9% | 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 | 48.9 | Apr 2024 | 46.8 | Monthly |
| BusinessNZ Services Index | 47.1 | Apr 2024 | 47.2 | 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 | -0.4% | Apr 2024 | -0.7% | Monthly |
| Electronic Card Retail Sales y/y | -3.8% | Apr 2024 | -2.3% | 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 |