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 | N/D | 2 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 | $-0.578 B | Jul 2025 | $0.203 B | Monthly |
Economic Calendar
Time,
Currency
Event
Actual
Forecast
Previous
2025.09.08 22:45, NZD, Manufacturing Sales Volume q/q, Forecast: -1.5%, Previous: 2.4%
2025.09.08 22:45, NZD, Manufacturing Sales q/q, Forecast: 2.9%, Previous: 5.1%
2025.09.09 22:45, NZD, Visitor Arrivals m/m, Forecast: -0.3%, Previous: -2.5%
2025.09.09 22:45, NZD, Net Permanent & Long-Term Migration, Forecast: 1.241 K, Previous: 1.670 K
2025.09.09 22:45, NZD, Visitor Arrivals y/y, Forecast: 3.4%, Previous: 0.8%
2025.09.11 22:30, NZD, BusinessNZ Manufacturing Index, Forecast: 49.5, Previous: 52.8
2025.09.11 22:45, NZD, Electronic Card Retail Sales m/m, Forecast: -0.2%, Previous: 0.2%
2025.09.11 22:45, NZD, Electronic Card Retail Sales y/y, Forecast: -2.4%, Previous: 1.7%
2025.09.12 19:30, NZD, CFTC NZD Non-Commercial Net Positions, Previous: -6.5 K
2025.09.14 22:30, NZD, BusinessNZ Services Index, Previous: 48.9
2025.09.15 21:00, NZD, Westpac McDermott Miller Consumer Confidence, Forecast: 90.0, Previous: 91.2
2025.09.15 22:45, NZD, Food Price Index m/m, Forecast: 0.9%, Previous: 0.7%
2025.09.16 14:00, NZD, GDT Price Index, Forecast: -0.9%, Previous: -4.3%
2025.09.16 22:45, NZD, Current Account, Forecast: $-3.495 B, Previous: $-2.324 B
2025.09.16 22:45, NZD, Current Account 12-Months, Forecast: $-23.091 B, Previous: $-24.662 B
2025.09.16 22:45, NZD, Current Account - GDP Ratio, Forecast: -5.3%, Previous: -5.7%
Economic indicators
| Market | Last | Reference | Previous | Frequency |
|---|---|---|---|---|
| CFTC NZD Non-Commercial Net Positions | -6.5 K | 2 Sep 2025 | -6.1 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 | N/D | 2 Q 2025 | 0.1% | Quarterly |
| Labor Cost Index q/q | 0.6% | 2 Q 2025 | 0.4% | Quarterly |
| Labor Cost Index y/y | 2.2% | 2 Q 2025 | 2.5% | Quarterly |
| Net Permanent & Long-Term Migration | 1.670 K | Jun 2025 | 1.370 K | Monthly |
| Participation Rate | N/D | 2 Q 2025 | 70.8% | Quarterly |
| Unemployment Rate | N/D | 2 Q 2025 | 5.1% | Quarterly |
| Visitor Arrivals m/m | -2.5% | Jun 2025 | -0.5% | Monthly |
| Visitor Arrivals y/y | 0.8% | Jun 2025 | 6.1% | Monthly |
| Prices | Last | Reference | Previous | Frequency |
| ANZ Commodity Price Index m/m | 0.7% | Aug 2025 | -1.8% | 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 | 0.2% | 2 Q 2025 | 7.1% | Quarterly |
| Export Volume Index q/q | -3.7% | 2 Q 2025 | 4.0% | Quarterly |
| Food Price Index m/m | 0.7% | Jul 2025 | 1.2% | Monthly |
| GDT Price Index | -4.3% | -0.3% | ||
| Import Price Index q/q | -3.7% | 2 Q 2025 | 5.1% | Quarterly |
| Import Volume Index q/q | 4.2% | 2 Q 2025 | -2.1% | Quarterly |
| PPI Input q/q | 0.6% | 2 Q 2025 | 2.9% | Quarterly |
| PPI Output q/q | 0.6% | 2 Q 2025 | 2.1% | Quarterly |
| RBNZ 2-Year Inflation Expectations | N/D | 3 Q 2025 | 2.29% | Quarterly |
| Terms of Trade Index q/q | 4.1% | 2 Q 2025 | 1.9% | 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 | $6.706 B | Jul 2025 | $6.532 B | Monthly |
| Imports | $7.284 B | Jul 2025 | $6.329 B | Monthly |
| Trade Balance | $-0.578 B | Jul 2025 | $0.203 B | Monthly |
| Trade Balance 12-Months | $-3.941 B | Jul 2025 | $-4.384 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 | 38.7 | Aug 2025 | 40.6 | Monthly |
| ANZ Business Confidence | 49.7 | Aug 2025 | 47.8 | Monthly |
| BusinessNZ Manufacturing Index | 52.8 | Jul 2025 | 49.2 | Monthly |
| BusinessNZ Services Index | 48.9 | Jul 2025 | 47.6 | 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 | 0.7% | 2 Q 2025 | 0.4% | Quarterly |
| Electronic Card Retail Sales m/m | 0.2% | Jul 2025 | 0.5% | Monthly |
| Electronic Card Retail Sales y/y | 1.7% | Jul 2025 | -0.3% | Monthly |
| RBNZ Credit Card Spending y/y | 2.2% | May 2025 | 0.5% | Monthly |
| Retail Sales q/q | 0.5% | 2 Q 2025 | 0.8% | Quarterly |
| Retail Sales y/y | 2.3% | 2 Q 2025 | 0.7% | Quarterly |
| Westpac McDermott Miller Consumer Confidence | 91.2 | 2 Q 2025 | 89.2 | Quarterly |
| Housing | Last | Reference | Previous | Frequency |
| Building Consents m/m | 5.4% | Jul 2025 | -6.0% | Monthly |