GDT New Zealand Price Index

Country:
New Zealand
NZD, New Zealand dollar
Sector:
Prices
Medium 2.2% 1.1%
-3.5%
Last release Importance Actual Forecast
Previous
1.5%
2.2%
Next release Actual Forecast
Previous
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GDT Price Index reflects a change in prices of dairy products in New Zealand. The indicator calculation covers the weighted average percentage of price changes for 9 types of products sold at the Global Dairy Trade auction, which is held twice a month.

The Global Dairy Trade Price Index is considered as a leading indicator of New Zealand's trade balance, because income from exports grows when commodity prices rise.

Last values:

actual data

forecast

The chart of the entire available history of the "GDT New Zealand Price Index" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
2.2%
1.1%
-3.5%
-3.5%
1.4%
-2.0%
-2.0%
0.4%
-0.3%
-0.3%
0.4%
-1.9%
-1.9%
-1.3%
-1.3%
-0.7%
-0.7%
-3.6%
-3.6%
0.0%
0.0%
-1.7%
-1.7%
-5.0%
-5.0%
-1.2%
-1.2%
-1.3%
-1.3%
1.9%
1.9%
-1.1%
-1.1%
2.7%
2.7%
-0.6%
-0.6%
-1.2%
-1.2%
-0.6%
-0.6%
-0.5%
-0.5%
5.9%
5.9%
4.9%
4.9%
2.2%
2.2%
-3.9%
-3.9%
0.4%
0.4%
-3.4%
-3.4%
-3.5%
-3.5%
-1.0%
-1.0%
-2.4%
-2.4%
0.9%
0.9%
0.3%
0.3%
-0.4%
-0.4%
-1.6%
-1.6%
0.2%
0.2%
-0.4%
-0.4%
-0.8%
-0.8%
0.6%
0.6%
3.2%
3.2%
3.6%
3.6%
3.1%
3.1%
1.6%
1.6%
1.7%
1.7%
-6.3%
-6.3%
-3.2%
-3.2%
1.3%
1.3%
0.6%
0.6%
-3.9%
-3.9%
-0.5%
-0.5%
3.5%
3.5%
4.5%
4.5%
11.4%

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