Overview
| Indicator | Last | Reference | Previous | Frequency |
|---|---|---|---|---|
| GDP q/q | 0.9% | 2 Q 2023 | 0.0% | Quarterly |
| Unemployment Rate | 3.9% | 3 Q 2023 | 3.6% | Quarterly |
| CPI q/q | 1.8% | 3 Q 2023 | 1.1% | Quarterly |
| RBNZ Interest Rate Decision | 5.50% | 5.50% | ||
| Trade Balance | $-1.709 B | Oct 2023 | $-2.425 B | Monthly |
Economic Calendar
Time,
Currency
Event
Actual
Forecast
Previous
2023.12.01 20:30, NZD, CFTC NZD Non-Commercial Net Positions, Actual: -19.6 K, Previous: -16.9 K
2023.12.03 21:45, NZD, Export Price Index q/q, Forecast: -3.1%, Previous: -0.6%
2023.12.03 21:45, NZD, Import Price Index q/q, Forecast: -6.8%, Previous: -1.0%
2023.12.03 21:45, NZD, Terms of Trade Index q/q, Forecast: 0.1%, Previous: 0.4%
2023.12.03 21:45, NZD, Export Volume Index q/q, Forecast: -0.3%, Previous: 6.8%
2023.12.03 21:45, NZD, Import Volume Index q/q, Forecast: 0.2%, Previous: -2.8%
2023.12.05 00:00, NZD, ANZ Commodity Price Index m/m, Forecast: 1.6%, Previous: 2.9%
2023.12.05 14:00, NZD, GDT Price Index, Forecast: 2.7%, Previous: 0.0%
2023.12.07 21:45, NZD, Manufacturing Sales Volume q/q, Forecast: 0.6%, Previous: 2.9%
2023.12.07 21:45, NZD, Manufacturing Sales q/q, Forecast: -2.7%, Previous: 0.2%
2023.12.08 20:30, NZD, CFTC NZD Non-Commercial Net Positions, Previous: -19.6 K
2023.12.11 21:45, NZD, Electronic Card Retail Sales m/m, Forecast: -0.2%, Previous: -0.7%
2023.12.11 21:45, NZD, Electronic Card Retail Sales y/y, Forecast: 8.3%, Previous: -2.0%
2023.12.11 21:45, NZD, Visitor Arrivals m/m, Forecast: 17.3%, Previous: 2.4%
2023.12.11 21:45, NZD, Visitor Arrivals y/y, Forecast: 2.1%, Previous: 48.7%
Economic indicators
| Market | Last | Reference | Previous | Frequency |
|---|---|---|---|---|
| CFTC NZD Non-Commercial Net Positions | -19.6 K | 28 Nov 2023 | -16.9 K | Weekly |
| GDP | Last | Reference | Previous | Frequency |
| GDP Annual Change | 3.2% | 2 Q 2023 | 2.9% | Quarterly |
| GDP Expenditures q/q | 1.3% | 2 Q 2023 | -0.2% | Quarterly |
| GDP q/q | 0.9% | 2 Q 2023 | 0.0% | Quarterly |
| GDP y/y | 1.8% | 2 Q 2023 | 2.2% | Quarterly |
| Labor | Last | Reference | Previous | Frequency |
| Employment Change q/q | -0.2% | 3 Q 2023 | 1.0% | Quarterly |
| Labor Cost Index q/q | 0.8% | 3 Q 2023 | 1.1% | Quarterly |
| Labor Cost Index y/y | 4.1% | 3 Q 2023 | 4.3% | Quarterly |
| Net Permanent & Long-Term Migration | 1.139 K | Jul 2021 | 0.527 K | Monthly |
| Participation Rate | 72.0% | 3 Q 2023 | 72.4% | Quarterly |
| Unemployment Rate | 3.9% | 3 Q 2023 | 3.6% | Quarterly |
| Visitor Arrivals m/m | 2.4% | Sep 2023 | -3.0% | Monthly |
| Visitor Arrivals y/y | 48.7% | Sep 2023 | 59.4% | Monthly |
| Prices | Last | Reference | Previous | Frequency |
| ANZ Commodity Price Index m/m | 2.9% | Oct 2023 | 1.4% | Monthly |
| CPI q/q | 1.8% | 3 Q 2023 | 1.1% | Quarterly |
| CPI y/y | 5.6% | 3 Q 2023 | 6.0% | Quarterly |
| Export Price Index q/q | -0.6% | 2 Q 2023 | -6.9% | Quarterly |
| Export Volume Index q/q | 6.8% | 2 Q 2023 | 1.5% | Quarterly |
| Food Price Index m/m | -0.4% | Sep 2023 | 0.5% | Monthly |
| GDT Price Index | 0.0% | -0.7% | ||
| Import Price Index q/q | -1.0% | 2 Q 2023 | -5.5% | Quarterly |
| Import Volume Index q/q | -2.8% | 2 Q 2023 | 6.0% | Quarterly |
| PPI Input q/q | 1.2% | 3 Q 2023 | -0.2% | Quarterly |
| PPI Output q/q | 0.8% | 3 Q 2023 | 0.2% | Quarterly |
| RBNZ 2-Year Inflation Expectations | 2.76% | 4 Q 2023 | 2.83% | Quarterly |
| Terms of Trade Index q/q | 0.4% | 2 Q 2023 | -1.5% | Quarterly |
| Money | Last | Reference | Previous | Frequency |
| RBNZ Interest Rate Decision | 5.50% | 5.50% | ||
| Trade | Last | Reference | Previous | Frequency |
| Current Account | $-4.208 B | 2 Q 2023 | $-4.662 B | Quarterly |
| Current Account - GDP Ratio | -7.5% | 2 Q 2023 | -8.2% | Quarterly |
| Current Account 12-Months | $-29.760 B | 2 Q 2023 | $-31.754 B | Quarterly |
| Exports | $5.400 B | Oct 2023 | $4.766 B | Monthly |
| Imports | $7.109 B | Oct 2023 | $7.190 B | Monthly |
| Trade Balance | $-1.709 B | Oct 2023 | $-2.425 B | Monthly |
| Trade Balance 12-Months | $-14.805 B | Oct 2023 | $-15.412 B | Monthly |
| Government | Last | Reference | Previous | Frequency |
| Net Debt Forecast, % GDP | N/D | 38.5% | ||
| OBEGAL Forecast | $-10.034 B | $-6.960 B | ||
| RBNZ Non-Resident Debt Holdings | 57.9% | Oct 2023 | 58.5% | Monthly |
| Business | Last | Reference | Previous | Frequency |
| ANZ Activity Outlook | 26.3 | Nov 2023 | 23.1 | Monthly |
| ANZ Business Confidence | 30.8 | Nov 2023 | 23.4 | Monthly |
| BusinessNZ Manufacturing Index | N/D | Oct 2023 | 45.3 | Monthly |
| BusinessNZ Services Index | N/D | Oct 2023 | 50.7 | Monthly |
| Manufacturing Sales Volume q/q | 2.9% | 2 Q 2023 | -1.8% | Quarterly |
| Manufacturing Sales q/q | 0.2% | 2 Q 2023 | -2.5% | Quarterly |
| Consumer | Last | Reference | Previous | Frequency |
| Core Retail Sales q/q | 1.0% | 3 Q 2023 | -1.6% | Quarterly |
| Electronic Card Retail Sales m/m | -0.7% | Oct 2023 | -0.8% | Monthly |
| Electronic Card Retail Sales y/y | -2.0% | Oct 2023 | 1.6% | Monthly |
| RBNZ Credit Card Spending y/y | -2.9% | Oct 2023 | 2.8% | Monthly |
| Retail Sales q/q | 0.0% | 3 Q 2023 | -0.9% | Quarterly |
| Retail Sales y/y | -3.4% | 3 Q 2023 | -3.5% | Quarterly |
| Westpac McDermott Miller Consumer Confidence | N/D | 3 Q 2023 | 83.1 | Quarterly |
| Housing | Last | Reference | Previous | Frequency |
| Building Consents m/m | 8.7% | Oct 2023 | -4.6% | Monthly |