Overview
| Indicator | Last | Reference | Previous | Frequency |
|---|---|---|---|---|
| GDP q/q | 1.7% | 2 Q 2022 | -0.2% | Quarterly |
| Unemployment Rate | 3.3% | 2 Q 2022 | 3.2% | Quarterly |
| CPI q/q | 1.7% | 2 Q 2022 | 1.8% | Quarterly |
| RBNZ Interest Rate Decision | 3.00% | 2.50% | ||
| Trade Balance | $-2.447 B | Aug 2022 | $-1.406 B | Monthly |
Economic Calendar
Time,
Currency
Event
Actual
Forecast
Previous
2022.09.29 00:00, NZD, ANZ Business Confidence, Forecast: -52.1, Previous: -47.8
2022.09.29 00:00, NZD, ANZ Activity Outlook, Forecast: -6.3, Previous: -4.0
2022.09.29 21:45, NZD, Building Consents m/m, Forecast: 2.0%, Previous: 5.0%
2022.09.30 19:30, NZD, CFTC NZD Non-Commercial Net Positions, Previous: -12.6 K
2022.10.04 14:00, NZD, GDT Price Index, Forecast: -0.1%, Previous: 2.0%
2022.10.05 01:00, NZD, RBNZ Rate Statement
2022.10.05 01:00, NZD, RBNZ Interest Rate Decision, Previous: 3.00%
2022.10.06 00:00, NZD, ANZ Commodity Price Index m/m, Forecast: -1.7%, Previous: -3.3%
Economic indicators
| Market | Last | Reference | Previous | Frequency |
|---|---|---|---|---|
| CFTC NZD Non-Commercial Net Positions | -12.6 K | 20 Sep 2022 | -5.3 K | Weekly |
| GDP | Last | Reference | Previous | Frequency |
| GDP Annual Change | 1.0% | 2 Q 2022 | 5.1% | Quarterly |
| GDP Expenditures q/q | 2.1% | 2 Q 2022 | -0.1% | Quarterly |
| GDP q/q | 1.7% | 2 Q 2022 | -0.2% | Quarterly |
| GDP y/y | 0.4% | 2 Q 2022 | 1.0% | Quarterly |
| Labor | Last | Reference | Previous | Frequency |
| Employment Change q/q | 0.0% | 2 Q 2022 | 0.0% | Quarterly |
| Labor Cost Index q/q | 1.3% | 2 Q 2022 | 0.7% | Quarterly |
| Labor Cost Index y/y | 3.4% | 2 Q 2022 | 3.1% | Quarterly |
| Net Permanent & Long-Term Migration | 1.139 K | Jul 2021 | 0.527 K | Monthly |
| Participation Rate | 70.8% | 2 Q 2022 | 70.9% | Quarterly |
| Unemployment Rate | 3.3% | 2 Q 2022 | 3.2% | Quarterly |
| Visitor Arrivals m/m | 41.8% | Jul 2022 | 30.1% | Monthly |
| Visitor Arrivals y/y | 344.2% | Jul 2022 | 83.5% | Monthly |
| Prices | Last | Reference | Previous | Frequency |
| ANZ Commodity Price Index m/m | -3.3% | Aug 2022 | -2.2% | Monthly |
| CPI q/q | 1.7% | 2 Q 2022 | 1.8% | Quarterly |
| CPI y/y | 7.3% | 2 Q 2022 | 6.9% | Quarterly |
| Export Price Index q/q | 3.7% | 2 Q 2022 | 7.8% | Quarterly |
| Export Volume Index q/q | 3.0% | 2 Q 2022 | -6.3% | Quarterly |
| Food Price Index m/m | 1.1% | Aug 2022 | 2.1% | Monthly |
| GDT Price Index | 2.0% | 4.9% | ||
| Import Price Index q/q | 6.5% | 2 Q 2022 | 7.2% | Quarterly |
| Import Volume Index q/q | -0.9% | 2 Q 2022 | -2.3% | Quarterly |
| PPI Input q/q | 3.1% | 2 Q 2022 | 3.4% | Quarterly |
| PPI Output q/q | 2.4% | 2 Q 2022 | 2.6% | Quarterly |
| RBNZ 2-Year Inflation Expectations | 3.07% | 3 Q 2022 | 3.29% | Quarterly |
| Terms of Trade Index q/q | -2.4% | 2 Q 2022 | 0.6% | Quarterly |
| Money | Last | Reference | Previous | Frequency |
| RBNZ Interest Rate Decision | 3.00% | 2.50% | ||
| Trade | Last | Reference | Previous | Frequency |
| Current Account | $-5.224 B | 2 Q 2022 | $-6.502 B | Quarterly |
| Current Account - GDP Ratio | -7.7% | 2 Q 2022 | -6.8% | Quarterly |
| Current Account 12-Months | $-27.818 B | 2 Q 2022 | $-24.264 B | Quarterly |
| Exports | $5.483 B | Aug 2022 | $6.353 B | Monthly |
| Imports | $7.930 B | Aug 2022 | $7.759 B | Monthly |
| Trade Balance | $-2.447 B | Aug 2022 | $-1.406 B | Monthly |
| Trade Balance 12-Months | $-12.280 B | Aug 2022 | $-11.965 B | Monthly |
| Government | Last | Reference | Previous | Frequency |
| Net Debt Forecast, % GDP | 36.9% | 37.6% | ||
| OBEGAL Forecast | $-18.978 B | $-20.844 B | ||
| RBNZ Non-Resident Debt Holdings | 53.6% | Aug 2022 | 53.7% | Monthly |
| Business | Last | Reference | Previous | Frequency |
| ANZ Activity Outlook | -4.0 | Aug 2022 | -8.7 | Monthly |
| ANZ Business Confidence | -47.8 | Aug 2022 | -56.7 | Monthly |
| BusinessNZ Manufacturing Index | 54.9 | Aug 2022 | 53.5 | Monthly |
| BusinessNZ Services Index | 58.6 | Aug 2022 | 54.4 | Monthly |
| Manufacturing Sales Volume q/q | -4.9% | 2 Q 2022 | -3.4% | Quarterly |
| Manufacturing Sales q/q | -3.8% | 2 Q 2022 | 0.9% | Quarterly |
| Consumer | Last | Reference | Previous | Frequency |
| Core Retail Sales q/q | -1.6% | 2 Q 2022 | -0.3% | Quarterly |
| Electronic Card Retail Sales m/m | 0.9% | Aug 2022 | -0.2% | Monthly |
| Electronic Card Retail Sales y/y | 26.9% | Aug 2022 | -0.5% | Monthly |
| RBNZ Credit Card Spending y/y | 29.4% | Aug 2022 | 5.1% | Monthly |
| Retail Sales q/q | -2.3% | 2 Q 2022 | -0.9% | Quarterly |
| Retail Sales y/y | -3.7% | 2 Q 2022 | 2.3% | Quarterly |
| Westpac McDermott Miller Consumer Confidence | 87.6 | 3 Q 2022 | 78.7 | Quarterly |
| Housing | Last | Reference | Previous | Frequency |
| Building Consents m/m | 5.0% | Jul 2022 | -2.2% | Monthly |