Economic Calendar and indicators of New Zealand

Overview

Indicator Last Reference Previous Frequency
GDP q/q 0.8% 1 Q 2025 0.5% Quarterly
Unemployment Rate 5.1% 1 Q 2025 5.1% Quarterly
CPI q/q 0.5% 2 Q 2025 0.9% Quarterly
RBNZ Interest Rate Decision 3.25% 3.25%
Trade Balance $​0.142 B Jun 2025 $​1.082 B Monthly

Economic Calendar

Time,
Currency
Event
Actual
Forecast
Previous
2025.07.25 19:30, NZD, CFTC NZD Non-Commercial Net Positions, Previous: 3.6 K
2025.07.30 01:00, NZD, ANZ Business Confidence, Forecast: 49.3, Previous: 46.3
2025.07.30 01:00, NZD, ANZ Activity Outlook, Forecast: 35.7, Previous: 40.9
2025.07.31 22:45, NZD, Building Consents m/m, Forecast: 5.6%, Previous: 10.4%

Economic indicators

Market Last Reference Previous Frequency
CFTC NZD Non-Commercial Net Positions 3.6 K 15 Jul 2025 4.9 K Weekly
GDP Last Reference Previous Frequency
GDP Annual Change -1.1% 1 Q 2025 -0.5% Quarterly
GDP Expenditures q/q 0.9% 1 Q 2025 0.6% Quarterly
GDP q/q 0.8% 1 Q 2025 0.5% Quarterly
GDP y/y -0.7% 1 Q 2025 -1.3% Quarterly
Labor Last Reference Previous Frequency
Employment Change q/q 0.1% 1 Q 2025 -0.2% Quarterly
Labor Cost Index q/q 0.4% 1 Q 2025 0.6% Quarterly
Labor Cost Index y/y 2.5% 1 Q 2025 2.9% Quarterly
Net Permanent & Long-Term Migration 1.530 K May 2025 1.090 K Monthly
Participation Rate 70.8% 1 Q 2025 70.9% Quarterly
Unemployment Rate 5.1% 1 Q 2025 5.1% Quarterly
Visitor Arrivals m/m -0.9% May 2025 2.2% Monthly
Visitor Arrivals y/y 6.1% May 2025 18.8% Monthly
Prices Last Reference Previous Frequency
ANZ Commodity Price Index m/m -2.3% Jun 2025 1.9% Monthly
CPI q/q 0.5% 2 Q 2025 0.9% Quarterly
CPI y/y 2.7% 2 Q 2025 2.5% Quarterly
Export Price Index q/q 7.1% 1 Q 2025 3.2% Quarterly
Export Volume Index q/q 4.6% 1 Q 2025 1.5% Quarterly
Food Price Index m/m 1.2% Jun 2025 0.5% Monthly
GDT Price Index 1.1% -4.1%
Import Price Index q/q 5.1% 1 Q 2025 0.0% Quarterly
Import Volume Index q/q -2.4% 1 Q 2025 -1.6% Quarterly
PPI Input q/q 2.9% 1 Q 2025 -0.9% Quarterly
PPI Output q/q 2.1% 1 Q 2025 -0.1% Quarterly
RBNZ 2-Year Inflation Expectations 2.29% 2 Q 2025 2.06% Quarterly
Terms of Trade Index q/q 1.9% 1 Q 2025 3.2% Quarterly
Money Last Reference Previous Frequency
RBNZ Interest Rate Decision 3.25% 3.25%
Trade Last Reference Previous Frequency
Current Account $​-2.324 B 1 Q 2025 $​-6.799 B Quarterly
Current Account - GDP Ratio -5.7% 1 Q 2025 -6.1% Quarterly
Current Account 12-Months $​-24.662 B 1 Q 2025 $​-26.163 B Quarterly
Exports $​6.630 B Jun 2025 $​7.497 B Monthly
Imports $​6.488 B Jun 2025 $​6.415 B Monthly
Trade Balance $​0.142 B Jun 2025 $​1.082 B Monthly
Trade Balance 12-Months $​-4.366 B Jun 2025 $​-3.931 B Monthly
Government Last Reference Previous Frequency
Net Debt Forecast, % GDP 42.7% 45.1%
OBEGAL Forecast $​-14.740 B $​-12.868 B
RBNZ Non-Resident Debt Holdings 59.7% May 2025 58.8% Monthly
Business Last Reference Previous Frequency
ANZ Activity Outlook 40.9 Jun 2025 34.8 Monthly
ANZ Business Confidence 46.3 Jun 2025 36.6 Monthly
BusinessNZ Manufacturing Index 48.8 Jun 2025 47.4 Monthly
BusinessNZ Services Index 47.3 Jun 2025 44.1 Monthly
Manufacturing Sales Volume q/q 2.4% 1 Q 2025 1.2% Quarterly
Manufacturing Sales q/q 5.1% 1 Q 2025 3.0% Quarterly
Consumer Last Reference Previous Frequency
Core Retail Sales q/q 0.4% 1 Q 2025 1.4% Quarterly
Electronic Card Retail Sales m/m 0.5% Jun 2025 -0.1% Monthly
Electronic Card Retail Sales y/y -0.4% Jun 2025 -0.1% Monthly
RBNZ Credit Card Spending y/y 2.2% May 2025 0.5% Monthly
Retail Sales q/q 0.8% 1 Q 2025 1.0% Quarterly
Retail Sales y/y 0.7% 1 Q 2025 0.3% Quarterly
Westpac McDermott Miller Consumer Confidence 91.2 2 Q 2025 89.2 Quarterly
Housing Last Reference Previous Frequency
Building Consents m/m 10.4% May 2025 -14.6% Monthly