Economic Calendar and indicators of New Zealand

Overview

Indicator Last Reference Previous Frequency
GDP q/q 1.1% 3 Q 2025 -1.0% Quarterly
Unemployment Rate 5.4% 4 Q 2025 5.3% Quarterly
CPI q/q 0.6% 4 Q 2025 1.0% Quarterly
RBNZ Interest Rate Decision 2.25% 2.50%
Trade Balance $​0.052 B Dec 2025 $​-0.335 B Monthly

Economic Calendar

Time,
Currency
Event
Actual
Forecast
Previous
2026.02.12 21:30, NZD, BusinessNZ Manufacturing Index
2026.02.12 21:45, NZD, Visitor Arrivals m/m, Actual: 1.7%, Forecast: -3.0%, Previous: 0.8%
2026.02.12 21:45, NZD, Net Permanent & Long-Term Migration, Actual: 2.870 K, Forecast: 2.163 K, Previous: 1.560 K
2026.02.12 21:45, NZD, Visitor Arrivals y/y, Actual: 7.0%, Forecast: 4.8%, Previous: 8.2%
2026.02.13 02:00, NZD, RBNZ 2-Year Inflation Expectations, Actual: 2.37%, Previous: 2.28%
2026.02.13 20:30, NZD, CFTC NZD Non-Commercial Net Positions, Actual: -34.9 K, Previous: -34.3 K
2026.02.15 21:30, NZD, BusinessNZ Services Index, Previous: 51.5
2026.02.15 21:45, NZD, Electronic Card Retail Sales m/m, Forecast: 0.3%, Previous: -0.1%
2026.02.15 21:45, NZD, Electronic Card Retail Sales y/y, Forecast: -1.2%, Previous: -0.5%
2026.02.16 21:45, NZD, Food Price Index m/m, Forecast: 0.6%, Previous: -0.3%
2026.02.17 14:00, NZD, GDT Price Index, Forecast: 1.8%, Previous: 6.7%
2026.02.17 21:45, NZD, PPI Input q/q, Forecast: 0.4%, Previous: 0.2%
2026.02.17 21:45, NZD, PPI Output q/q, Forecast: 0.6%, Previous: 0.6%
2026.02.18 01:00, NZD, RBNZ Rate Statement
2026.02.18 01:00, NZD, RBNZ Monetary Policy Statement
2026.02.18 01:00, NZD, RBNZ Interest Rate Decision, Previous: 2.25%
2026.02.18 02:00, NZD, RBNZ Non-Resident Debt Holdings, Forecast: 58.0%, Previous: 57.5%
2026.02.18 16:00, NZD, RBNZ Press Conference
2026.02.19 21:45, NZD, Exports, Previous: $​7.655 B
2026.02.19 21:45, NZD, Imports, Previous: $​7.603 B
2026.02.19 21:45, NZD, Trade Balance, Forecast: $​0.322 B, Previous: $​0.052 B
2026.02.19 21:45, NZD, Trade Balance 12-Months, Forecast: $​-1.577 B, Previous: $​-2.203 B
2026.02.20 20:30, NZD, CFTC NZD Non-Commercial Net Positions, Previous: -34.9 K
2026.02.22 21:45, NZD, Retail Sales q/q, Forecast: 0.4%, Previous: 1.9%
2026.02.22 21:45, NZD, Core Retail Sales q/q, Forecast: 0.1%, Previous: 1.2%
2026.02.22 21:45, NZD, Retail Sales y/y, Forecast: 3.4%, Previous: 4.5%

Economic indicators

Market Last Reference Previous Frequency
CFTC NZD Non-Commercial Net Positions -34.9 K 10 Feb 2026 -34.3 K Weekly
GDP Last Reference Previous Frequency
GDP Annual Change -0.5% 3 Q 2025 -1.1% Quarterly
GDP Expenditures q/q 1.3% 3 Q 2025 -0.8% Quarterly
GDP q/q 1.1% 3 Q 2025 -1.0% Quarterly
GDP y/y 1.3% 3 Q 2025 -1.1% Quarterly
Labor Last Reference Previous Frequency
Employment Change q/q 0.5% 4 Q 2025 0.0% Quarterly
Labor Cost Index q/q 0.4% 4 Q 2025 0.5% Quarterly
Labor Cost Index y/y 2.0% 4 Q 2025 2.1% Quarterly
Net Permanent & Long-Term Migration 2.870 K Dec 2025 1.560 K Monthly
Participation Rate 70.5% 4 Q 2025 70.3% Quarterly
Unemployment Rate 5.4% 4 Q 2025 5.3% Quarterly
Visitor Arrivals m/m 1.7% Dec 2025 0.8% Monthly
Visitor Arrivals y/y 7.0% Dec 2025 8.2% Monthly
Prices Last Reference Previous Frequency
ANZ Commodity Price Index m/m 2.0% Jan 2026 -2.1% Monthly
CPI q/q 0.6% 4 Q 2025 1.0% Quarterly
CPI y/y 3.1% 4 Q 2025 3.0% Quarterly
Export Price Index q/q -1.6% 3 Q 2025 0.3% Quarterly
Export Volume Index q/q 3.4% 3 Q 2025 -3.2% Quarterly
Food Price Index m/m -0.3% Dec 2025 -0.4% Monthly
GDT Price Index 6.7% 1.5%
Import Price Index q/q 0.5% 3 Q 2025 -3.7% Quarterly
Import Volume Index q/q -1.2% 3 Q 2025 3.9% Quarterly
PPI Input q/q 0.2% 3 Q 2025 0.6% Quarterly
PPI Output q/q 0.6% 3 Q 2025 0.6% Quarterly
RBNZ 2-Year Inflation Expectations 2.37% 1 Q 2026 2.28% Quarterly
Terms of Trade Index q/q -2.1% 3 Q 2025 4.2% Quarterly
Money Last Reference Previous Frequency
RBNZ Interest Rate Decision 2.25% 2.50%
Trade Last Reference Previous Frequency
Current Account $​-8.365 B 3 Q 2025 $​-1.297 B Quarterly
Current Account - GDP Ratio -3.5% 3 Q 2025 -3.7% Quarterly
Current Account 12-Months $​-15.370 B 3 Q 2025 $​-16.283 B Quarterly
Exports $​7.655 B Dec 2025 $​6.812 B Monthly
Imports $​7.603 B Dec 2025 $​7.147 B Monthly
Trade Balance $​0.052 B Dec 2025 $​-0.335 B Monthly
Trade Balance 12-Months $​-2.203 B Dec 2025 $​-2.220 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 57.5% Dec 2025 58.0% Monthly
Business Last Reference Previous Frequency
ANZ Activity Outlook 51.6 Jan 2026 60.9 Monthly
ANZ Business Confidence 64.1 Jan 2026 73.6 Monthly
BusinessNZ Manufacturing Index N/D Jan 2026 Monthly
BusinessNZ Services Index 51.5 Dec 2025 47.2 Monthly
Manufacturing Sales Volume q/q 1.1% 3 Q 2025 -2.8% Quarterly
Manufacturing Sales q/q 2.7% 3 Q 2025 -2.8% Quarterly
Consumer Last Reference Previous Frequency
Core Retail Sales q/q 1.2% 3 Q 2025 1.0% Quarterly
Electronic Card Retail Sales m/m -0.1% Dec 2025 1.2% Monthly
Electronic Card Retail Sales y/y -0.5% Dec 2025 1.6% Monthly
RBNZ Credit Card Spending y/y -0.3% Dec 2025 4.4% Monthly
Retail Sales q/q 1.9% 3 Q 2025 0.7% Quarterly
Retail Sales y/y 4.5% 3 Q 2025 2.3% Quarterly
Westpac McDermott Miller Consumer Confidence N/D 4 Q 2025 90.9 Quarterly
Housing Last Reference Previous Frequency
Building Consents m/m -4.6% Dec 2025 2.7% Monthly