Central Bank
| Economic Indicators | Trend | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Money Supply (Jan) | 441.7 | 447.9 | — | |||
| 1-Year Bill Auction | 2.631 | 2.6548 | — | |||
| 6-Month Bill Auction | 2.4125 | 2.41 | — |
| 3-Month Bill Auction | 2.3788 | 2.36 | — |
| Credit Card Spending YoY (Jan) | 1 | -0.2 | — |
| CFTC NZD speculative net positions | -35 | -34.9 | — |
| Balance of Trade (Jan) | -0.519 | -88 | -0.1 | Missed Expectations |
| Services NZ PSI (Jan) | 50.9 | — | 51.9 | Missed Expectations |
| Composite NZ PCI (Jan) | 52.5 | — | 52.5 | In Line |
| Visitor Arrivals MoM | 1.7 | 0.8 | — |
| Visitor Arrivals YoY (Dec) | 7 | 8.2 | — |
| Participation Rate (Q4) | 70.5 | 70.3 | 70.5 | In Line |
| Money Supply (Dec) | 447.9 | 443.6 | — |
| Balance of Trade (Dec) | 0.052 | -335 | -0.18 | Beat Expectations |
| Credit Card Spending YoY (Dec) | -0.3 | 4.4 | — |
| Visitor Arrivals YoY (Nov) | 8.2 | 9.4 | 4 | Beat Expectations |
| Composite NZ PCI (Dec) | 53.7 | 48.8 | 49.6 | Beat Expectations |
| Services NZ PSI (Dec) | 51.5 | 46.9 | 48 | Beat Expectations |
| Capacity Utilization (Q4) | 89.8 | 89.1 | 89.3 | Beat Expectations |
| Money Supply (Nov) | 443.6 | 442.3 | — |
| Credit Card Spending YoY (Nov) | 4.7 | 1.6 | 2 | Beat Expectations |
| Balance of Trade (Nov) | -0.163 | -1.598 | -1.175 | Beat Expectations |
| Composite NZ PCI (Nov) | 48.8 | 50 | 50.4 | Missed Expectations |
| Services NZ PSI (Nov) | 46.9 | 48.4 | 49.3 | Missed Expectations |
| Visitor Arrivals YoY (Oct) | 9.4 | 9.6 | 3 | Beat Expectations |
| Terms of Trade QoQ (Q3) | -2.1 | 4.2 | 0.3 | Missed Expectations |
| Money Supply (Oct) | 442.3 | 440.2 | — |
| Credit Card Spending YoY (Oct) | 1.4 | 0.3 | 0.4 | Beat Expectations |
| Balance of Trade (Oct) | -1.542 | -1.384 | -0.955 | Missed Expectations |
| Composite NZ PCI (Oct) | 50.2 | 49.1 | 49.5 | Beat Expectations |
| Services NZ PSI (Oct) | 48.7 | 48.3 | 48.9 | Missed Expectations |
| Visitor Arrivals YoY (Sep) | 9.6 | 7.5 | 3.6 | Beat Expectations |
| Participation Rate (Q3) | 70.3 | 70.5 | 70.7 | Missed Expectations |
| Money Supply (Sep) | 440.2 | 436.6 | — |
| Credit Card Spending YoY (Sep) | 0.2 | 3.3 | 3.7 | Missed Expectations |
| Balance of Trade (Sep) | -1.355 | -1.235 | -1.7 | Beat Expectations |
| Visitor Arrivals YoY (Aug) | 7.5 | 6.6 | 6 | Beat Expectations |
| Services NZ PSI (Sep) | 48.3 | 47.6 | 50.4 | Missed Expectations |
| Composite NZ PCI (Sep) | 49 | 48.5 | 51 | Missed Expectations |
| Capacity Utilization (Q3) | 89.1 | 89.4 | 90 | Missed Expectations |
| Money Supply (Aug) | 436.6 | 439.5 | — |
| Credit Card Spending YoY (Aug) | 3.5 | 1.6 | 1.7 | Beat Expectations |
| Balance of Trade (Aug) | -1.185 | -0.716 | -0.746 | Missed Expectations |
| Composite NZ PCI (Aug) | 48.4 | 50.6 | 50.7 | Missed Expectations |
| Services NZ PSI (Aug) | 47.5 | 48.9 | 49.5 | Missed Expectations |
| Visitor Arrivals YoY (Jul) | 6.6 | 0.8 | 2.5 | Beat Expectations |
| Terms of Trade QoQ (Q2) | 4.1 | 1.9 | 1.9 | Beat Expectations |
| Money Supply (Jul) | 439.5 | 433.5 | — |
| Credit Card Spending YoY (Jul) | 1.4 | 0.9 | — |
| Balance of Trade (Jul) | -0.578 | 0.203 | 0.07 | Missed Expectations |
| Composite NZ PCI (Jul) | 50.5 | 48.7 | 49.4 | Beat Expectations |
| Services NZ PSI (Jul) | 48.9 | 47.6 | 48.2 | Beat Expectations |
| Visitor Arrivals YoY (Jun) | 0.8 | 6.1 | 10 | Missed Expectations |
| Participation Rate (Q2) | 70.5 | 70.8 | 70.7 | Missed Expectations |
| Money Supply (Jun) | 433.5 | 432.6 | — |
| Balance of Trade (Jun) | 0.142 | 1.082 | 1.03 | Missed Expectations |
| Credit Card Spending YoY (Jun) | 0.9 | 2 | 2.4 | Missed Expectations |
| Services NZ PSI (Jun) | 47.3 | 44.1 | 45.6 | Beat Expectations |
| Composite NZ PCI (Jun) | 48.3 | 45.4 | 46 | Beat Expectations |
| Visitor Arrivals YoY (May) | 6.1 | 18.8 | 15.8 | Missed Expectations |
| Capacity Utilization (Q2) | 89.4 | 90.5 | 90.8 | Missed Expectations |
| Money Supply (May) | 432.6 | 435.1 | — |
| Balance of Trade (May) | 1.235 | 1.285 | 1.06 | Beat Expectations |
| Credit Card Spending YoY (May) | 2.2 | 0.5 | 0.3 | Beat Expectations |
| Composite NZ PCI (May) | 44.3 | 47.8 | 48.2 | Missed Expectations |
| Services NZ PSI (May) | 44 | 48.5 | 48.6 | Missed Expectations |
| Visitor Arrivals YoY (Apr) | 18.8 | -8.4 | 3 | Beat Expectations |
| Terms of Trade QoQ (Q1) | 1.9 | 3.2 | 3.1 | Missed Expectations |
| Money Supply (Apr) | 435.1 | 431.4 | — |
| Credit Card Spending YoY (Apr) | 0.5 | 0.7 | 0.2 | Beat Expectations |
| Balance of Trade (Apr) | 1.426 | 0.794 | 0.5 | Beat Expectations |
| Services NZ PSI (Apr) | 48.5 | 48.9 | 48.9 | Missed Expectations |
| Composite NZ PCI (Apr) | 48.2 | 49.4 | 50.6 | Missed Expectations |
| Visitor Arrivals YoY (Mar) | -8.4 | 1.1 | -3 | Missed Expectations |
| Participation Rate (Q1) | 70.8 | 70.9 | 71 | Missed Expectations |
| Money Supply (Mar) | 431.4 | 428 | — |
| Credit Card Spending YoY (Mar) | 0.8 | 0.8 | 0.2 | Beat Expectations |
| Balance of Trade (Mar) | 0.97 | 0.392 | 0.085 | Beat Expectations |
| Visitor Arrivals YoY (Feb) | -2.3 | 13.4 | 14 | Missed Expectations |
| Services NZ PSI (Mar) | 49.1 | 49.1 | 49.5 | Missed Expectations |
| Composite NZ PCI (Mar) | 51.2 | 50.7 | 50.5 | Beat Expectations |
| Capacity Utilization (Q1) | 90.5 | 91.3 | 91.4 | Missed Expectations |
| Money Supply (Feb) | 428 | 427 | — |
| Credit Card Spending YoY (Feb) | 0.9 | 1.3 | 1.1 | Missed Expectations |
| Balance of Trade (Feb) | 0.51 | -0.544 | -0.235 | Beat Expectations |
| Services NZ PSI (Feb) | 49.1 | 50.4 | 50.7 | Missed Expectations |
| Composite NZ PCI (Feb) | 50.7 | 50.9 | 51 | Missed Expectations |
| Visitor Arrivals YoY (Jan) | 13.4 | 12.2 | 10 | Beat Expectations |
| Terms of Trade QoQ (Q4) | 3.1 | 2.5 | 1.1 | Beat Expectations |
| CFTC New Zealand Speculative net positions | -46017 | -42507 | — |
| Visitor Arrivals MoM (Oct) | 0.6 | 1.3 | — |
| Visitor Arrivals MoM (Jun) | -0.2 | 4 | — |
| Visitor Arrivals MoM (May) | 4 | -8.8 | — |
| Economic Indicators | Trend | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| ANZ Roy Morgan Consumer Confidence (Feb) | 100.1 | 107.2 | 106.5 | Missed Expectations | ||
| ANZ Business Confidence (Feb) | 59.2 | 64.1 | 67 | Missed Expectations | ||
| Retail Sales QoQ (Q4) | 0.9 | 1.9 | 1 | Missed Expectations | ||
| Retail Sales YoY (Q4) | 4.4 | 4.5 | 3.6 | Beat Expectations | ||
| Retail Sales QoQ | 1.5 | 1.2 | 0.4 | Beat Expectations | ||
| Electronic Retail Card Spending YoY (Jan) | 0.4 | -1 | -0.4 | Beat Expectations | ||
| Electronic Retail Card Spending MoM (Jan) | -1.1 | -0.1 | 0.5 | Missed Expectations | ||
| Retail Sales MoM (Jan) | -1.1 | -0.3 | — | |||
| Retail Sales YoY (Jan) | 0.4 | -0.5 | — | |||
| ANZ Roy Morgan Consumer Confidence (Jan) | 107.2 | 101.5 | 102.4 | Beat Expectations | ||
| ANZ Business Confidence (Jan) | 64.1 | 73.6 | 73.9 | Missed Expectations | ||
| Electronic Retail Card Spending YoY (Dec) | -1 | 1.6 | 1.8 | Missed Expectations | ||
| Electronic Retail Card Spending MoM (Dec) | -0.1 | 1.2 | 0.5 | Missed Expectations | ||
| Retail Sales MoM (Dec) | -0.1 | 1.2 | — | |||
| Retail Sales YoY (Dec) | -0.5 | 1.6 | — | |||
| Business Confidence (Q4) | 48 | 18 | 16 | Beat Expectations | ||
| ANZ Business Confidence (Dec) | 73.6 | 67.1 | 49.8 | Beat Expectations | ||
| ANZ Roy Morgan Consumer Confidence (Dec) | 101.5 | 98.4 | 95 | Beat Expectations | ||
| Westpac Consumer Confidence (Q4) | 96.5 | 90.9 | 91.2 | Beat Expectations | ||
| Retail Sales MoM (Nov) | 1.2 | 0.2 | — | |||
| Electronic Retail Card Spending YoY (Nov) | 1.6 | 0.8 | 1 | Beat Expectations | ||
| Retail Sales YoY (Nov) | 1.6 | 0.8 | — | |||
| Electronic Retail Card Spending MoM (Nov) | 1.2 | 0.2 | 0.3 | Beat Expectations | ||
| ANZ Roy Morgan Consumer Confidence (Nov) | 98.4 | 92.4 | 92 | Beat Expectations | ||
| ANZ Business Confidence (Nov) | 67.1 | 58.1 | 57.7 | Beat Expectations | ||
| Retail Sales QoQ (Q3) | 1.9 | 0.7 | 0.6 | Beat Expectations | ||
| Retail Sales YoY (Q3) | 4.5 | 2.3 | 1.8 | Beat Expectations | ||
| Retail Sales YoY (Oct) | 0.8 | 1 | — | |||
| Retail Sales MoM (Oct) | 0.2 | -0.5 | — | |||
| Electronic Retail Card Spending MoM (Oct) | 0.2 | -0.5 | 0.4 | Missed Expectations | ||
| Electronic Retail Card Spending YoY (Oct) | 0.8 | 1 | 1.2 | Missed Expectations | ||
| ANZ Roy Morgan Consumer Confidence (Oct) | 92.4 | 94.6 | 95 | Missed Expectations | ||
| ANZ Business Confidence (Oct) | 58.1 | 49.6 | 49.9 | Beat Expectations | ||
| Retail Sales YoY (Sep) | 1 | 0.9 | — | |||
| Electronic Retail Card Spending MoM (Sep) | -0.5 | 0.6 | 0.3 | Missed Expectations | ||
| Electronic Retail Card Spending YoY (Sep) | 1 | 0.9 | 1.2 | Missed Expectations | ||
| Retail Sales MoM (Sep) | -0.5 | 0.6 | — | |||
| Business Confidence (Q3) | 18 | 22 | 19 | Missed Expectations | ||
| ANZ Business Confidence (Sep) | 49.6 | 49.7 | 56 | Missed Expectations | ||
| ANZ Roy Morgan Consumer Confidence (Sep) | 94.6 | 92 | 97 | Missed Expectations | ||
| Westpac Consumer Confidence (Q3) | 90.9 | 91.2 | 93 | Missed Expectations | ||
| Retail Sales YoY (Aug) | 0.9 | 1.7 | — | |||
| Electronic Retail Card Spending MoM (Aug) | 0.7 | 0.2 | 0.3 | Beat Expectations | ||
| Electronic Retail Card Spending YoY (Aug) | 0.9 | 1.7 | 0.8 | Beat Expectations | ||
| Retail Sales MoM (Aug) | 0.7 | 0.2 | — | |||
| ANZ Roy Morgan Consumer Confidence (Aug) | 92 | 94.7 | 95.6 | Missed Expectations | ||
| ANZ Business Confidence (Aug) | 49.7 | 47.8 | 49 | Beat Expectations | ||
| Retail Sales QoQ (Q2) | 0.5 | 0.8 | 0.2 | Beat Expectations | ||
| Retail Sales YoY (Q2) | 2.3 | 0.7 | 1 | Beat Expectations | ||
| Retail Sales YoY (Jul) | 1.7 | -0.3 | — | |||
| Retail Sales MoM (Jul) | 0.2 | 0.5 | — | |||
| Electronic Retail Card Spending YoY (Jul) | 1.7 | -0.3 | -0.3 | Beat Expectations | ||
| Electronic Retail Card Spending MoM (Jul) | 0.2 | 0.5 | -0.2 | Beat Expectations | ||
| ANZ Roy Morgan Consumer Confidence (Jul) | 94.7 | 98.8 | 101 | Missed Expectations | ||
| ANZ Business Confidence (Jul) | 47.8 | 46.3 | 48 | Missed Expectations | ||
| Retail Sales YoY (Jun) | -0.4 | -0.1 | — | |||
| Retail Sales MoM (Jun) | 0.5 | -0.1 | — | |||
| Electronic Retail Card Spending MoM (Jun) | 0.5 | -0.1 | 0.2 | Beat Expectations | ||
| Electronic Retail Card Spending YoY (Jun) | -0.4 | -0.1 | 1.1 | Missed Expectations | ||
| Business Confidence (Q2) | 22 | 19 | 6 | Beat Expectations | ||
| ANZ Business Confidence (Jun) | 46.3 | 36.6 | 45 | Beat Expectations | ||
| ANZ Roy Morgan Consumer Confidence (Jun) | 98.8 | 92.9 | 91 | Beat Expectations | ||
| Westpac Consumer Confidence (Q2) | 91.2 | 89.2 | 91.5 | Missed Expectations | ||
| Electronic Retail Card Spending MoM (May) | -0.2 | 0 | 0.2 | Missed Expectations | ||
| Electronic Retail Card Spending YoY (May) | 0.9 | -0.3 | -0.3 | Beat Expectations | ||
| Retail Sales MoM (May) | -0.2 | 0 | — | |||
| Retail Sales YoY (May) | 0.9 | -0.3 | -0.3 | Beat Expectations | ||
| ANZ Roy Morgan Consumer Confidence (May) | 92.9 | 98.3 | 97.5 | Missed Expectations | ||
| ANZ Business Confidence (May) | 36.6 | 49.3 | 53 | Missed Expectations | ||
| Retail Sales QoQ (Q1) | 0.8 | 1 | 0.1 | Beat Expectations | ||
| Retail Sales YoY (Q1) | 0.7 | 0.3 | -0.3 | Beat Expectations | ||
| Retail Sales YoY (Apr) | -0.3 | -1.6 | — | |||
| Retail Sales MoM (Apr) | 0 | -0.8 | — | |||
| Electronic Retail Card Spending MoM (Apr) | 0 | -0.8 | 0.3 | Missed Expectations | ||
| Electronic Retail Card Spending YoY (Apr) | -0.3 | -1.6 | -1 | Beat Expectations | ||
| ANZ Business Confidence (Apr) | 49.3 | 57.5 | 50 | Missed Expectations | ||
| ANZ Roy Morgan Consumer Confidence (Apr) | 98.3 | 93.2 | 92 | Beat Expectations | ||
| Retail Sales YoY (Mar) | -1.6 | -4.2 | — | |||
| Retail Sales MoM (Mar) | -0.8 | 0.3 | — | |||
| Electronic Retail Card Spending YoY (Mar) | -1.6 | -4.2 | 0.1 | Missed Expectations | ||
| Electronic Retail Card Spending MoM (Mar) | -0.8 | 0.3 | 0.2 | Missed Expectations | ||
| Business Confidence (Q1) | 19 | 16 | -2 | Beat Expectations | ||
| ANZ Business Confidence (Mar) | 57.5 | 58.4 | 58 | Missed Expectations | ||
| ANZ Roy Morgan Consumer Confidence (Mar) | 93.2 | 96.6 | 95 | Missed Expectations | ||
| Westpac Consumer Confidence (Q1) | 89.2 | 97.5 | 96 | Missed Expectations | ||
| Retail Sales YoY (Feb) | -4.2 | -0.5 | — | |||
| Retail Sales MoM (Feb) | 0.3 | -1.6 | — | |||
| Electronic Retail Card Spending YoY (Feb) | -4.2 | -0.5 | 0 | Missed Expectations | ||
| Electronic Retail Card Spending MoM (Feb) | 0.3 | -1.6 | 0.7 | Missed Expectations |
| Economic Indicators | Trend | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Imports (Jan) | 6.73 | 7.6 | — | |||
| Exports (Jan) | 6.21 | 7.51 | — | |||
| Imports (Dec) | 7.6 | 7.15 | — | |||
| Exports (Dec) | 7.65 | 6.81 | — | |||
| Imports (Nov) | 7.15 | 8.03 | 7.5 | Missed Expectations | ||
| Exports (Nov) | 6.99 | 6.44 | 6.8 | Beat Expectations | ||
| Current Account (Q3) | -8.37 | -1.3 | -8.1 | Missed Expectations | ||
| Export Prices QoQ (Q3) | -1.6 | 0.3 | 0.4 | Missed Expectations | ||
| Imports | 0.5 | -3.7 | — | |||
| Import Prices QoQ (Q3) | 0.5 | -3.7 | -4 | Beat Expectations | ||
| Imports (Oct) | 8.04 | 7.17 | 7.15 | Beat Expectations | ||
| Exports (Oct) | 6.5 | 5.78 | 5.91 | Beat Expectations | ||
| Imports (Sep) | 7.18 | 7.08 | 6.9 | Beat Expectations | ||
| Exports (Sep) | 5.82 | 5.85 | 5.2 | Beat Expectations | ||
| Exports (Aug) | 5.94 | 6.56 | 6.6 | Missed Expectations | ||
| Imports (Aug) | 7.12 | 7.27 | 7 | Beat Expectations | ||
| Current Account (Q2) | -0.97 | -2.32 | -2.7 | Beat Expectations | ||
| Export Prices QoQ (Q2) | 0.2 | 7.1 | 3 | Missed Expectations | ||
| Import Prices QoQ (Q2) | -3.7 | 5.1 | 2.3 | Missed Expectations | ||
| Trade Balance (Jul) | -578 | 203 | 70 | Missed Expectations | ||
| Imports (Jul) | 7.28 | 6.33 | 6.1 | Beat Expectations | ||
| Exports (Jul) | 6.71 | 6.53 | 6.7 | Beat Expectations | ||
| Imports (Jun) | 6.49 | 6.42 | 6 | Beat Expectations | ||
| Exports (Jun) | 6.63 | 7.5 | 6.5 | Beat Expectations | ||
| Exports (May) | 7.68 | 7.7 | — | |||
| Imports (May) | 6.44 | 6.41 | — | |||
| Current Account (Q1) | -2.32 | -7.04 | -2.2 | Missed Expectations | ||
| Import Prices QoQ (Q1) | 5.1 | 0.1 | 0.7 | Beat Expectations | ||
| Export Prices QoQ (Q1) | 7.1 | 3.2 | 3.7 | Beat Expectations | ||
| Exports (Apr) | 7.84 | 7.41 | 7.7 | Beat Expectations | ||
| Imports (Apr) | 6.42 | 6.61 | 7.2 | Missed Expectations | ||
| Imports (Mar) | 6.62 | 6.22 | 6.2 | Beat Expectations | ||
| Exports (Mar) | 7.59 | 6.61 | 6.2 | Beat Expectations | ||
| Imports (Feb) | 6.23 | 6.6 | 6.5 | Missed Expectations | ||
| Exports (Feb) | 6.74 | 6.06 | 6.3 | Beat Expectations | ||
| Current Account (Q4) | -7.037 | -10.839 | -6.65 | Missed Expectations | ||
| Export Prices QoQ (Q4) | 3.2 | 0.7 | 2.3 | Beat Expectations | ||
| Import Prices QoQ (Q4) | 0.1 | -1.7 | 0.7 | Missed Expectations | ||
| Trade Balance (Jan) | -486 | 94 | 225 | Missed Expectations | ||
| Trade Balance (Nov) | -437 | — | — | |||
| Exports | 5.2 | -0.3 | 2.8 | Beat Expectations | ||
| Trade Balance (Apr) | 91 | 476 | — | |||
| Trade Balance (Mar) | 588 | -315 | -505 | Beat Expectations | ||
| Trade Balance (Feb) | -218 | — | -825 | Beat Expectations |
| Economic Indicators | Trend | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| RBNZ Interest Rate Decision | 2.25 | 2.25 | 2.25 | In Line |
| Economic Indicators | Trend | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| PPI Output QoQ (Q4) | 0.1 | 0.6 | 0.3 | Missed Expectations | ||
| Producer Price Index QoQ (Q4) | -0.5 | 0.2 | 0.5 | Missed Expectations | ||
| Global Dairy Trade Price Index (Feb/17) | 3.6 | 6.7 | — | |||
| GlobalDairyTrade Price Index | 3.6 | 6.7 | — | |||
| Food Inflation YoY (Jan) | 4.6 | 4 | 4.2 | Beat Expectations | ||
| Inflation Expectations (Q1) | 2.37 | 2.28 | 1.7 | Beat Expectations | ||
| ANZ Commodity Price Index MoM | 2 | -2.1 | — | |||
| Global Dairy Trade Price Index (Feb/03) | 6.7 | 1.5 | — | |||
| Consumer Price Index (Q4) | 3.1 | 3 | 3 | Beat Expectations | ||
| Inflation Rate QoQ (Q4) | 0.6 | 1 | 0.6 | In Line | ||
| Inflation Rate YoY (Q4) | 3.1 | 3 | 3.1 | In Line | ||
| Global Dairy Trade Price Index (Jan/20) | 1.5 | 6.3 | — | |||
| Food Inflation YoY (Dec) | 4 | 4.4 | 4.6 | Missed Expectations | ||
| Global Dairy Trade Price Index (Jan/06) | 6.3 | -4.4 | — | |||
| Global Dairy Trade Price Index (Dec/16) | -4.4 | -4.3 | -2.3 | Missed Expectations | ||
| Food Inflation YoY (Nov) | 4.4 | 4.7 | 4.5 | Missed Expectations | ||
| Global Dairy Trade Price Index (Dec/02) | -4.3 | -3 | -2.7 | Missed Expectations | ||
| Producer Price Index QoQ (Q3) | 0.2 | 0.6 | 0.9 | Missed Expectations | ||
| PPI Output QoQ (Q3) | 0.6 | 0.6 | 0.7 | Missed Expectations | ||
| Global Dairy Trade Price Index (Nov/18) | -3 | -2.4 | -2.1 | Missed Expectations | ||
| Food Inflation YoY (Oct) | 4.7 | 4.1 | 4.3 | Beat Expectations | ||
| Inflation Expectations (Q4) | 2.28 | 2.28 | 2.5 | Missed Expectations | ||
| Global Dairy Trade Price Index (Nov/04) | -2.4 | -1.4 | 1 | Missed Expectations | ||
| Global Dairy Trade Price Index (Oct/21) | -1.4 | -1.6 | -0.7 | Missed Expectations | ||
| Consumer Price Index (Q3) | 1 | 0.5 | 0.8 | Beat Expectations | ||
| Inflation Rate QoQ (Q3) | 1 | 0.5 | 0.9 | Beat Expectations | ||
| Inflation Rate YoY (Q3) | 3 | 2.7 | 3 | In Line | ||
| Food Inflation YoY (Sep) | 4.1 | 5 | 4.7 | Missed Expectations | ||
| Global Dairy Trade Price Index (Oct/07) | -1.6 | -0.8 | 1 | Missed Expectations | ||
| Global Dairy Trade Price Index (Sep/16) | -0.8 | -4.3 | -4 | Beat Expectations | ||
| Food Inflation YoY (Aug) | 5 | 5 | 5.2 | Missed Expectations | ||
| Global Dairy Trade Price Index (Sep/02) | -4.3 | -0.3 | 0.2 | Missed Expectations | ||
| Global Dairy Trade Price Index (Aug/19) | -0.3 | 0.7 | 0.6 | Missed Expectations | ||
| Producer Price Index QoQ (Q2) | 0.6 | 2.9 | 1.4 | Missed Expectations | ||
| PPI Output QoQ (Q2) | 0.6 | 2.1 | 1 | Missed Expectations | ||
| Food Inflation YoY (Jul) | 5 | 4.6 | 4.8 | Beat Expectations | ||
| Inflation Expectations (Q3) | 2.28 | 2.29 | 1.8 | Beat Expectations | ||
| Global Dairy Trade Price Index (Aug/05) | 0.7 | 1.1 | 0.9 | Missed Expectations | ||
| Consumer Price Index (Q2) | 2.7 | 2.5 | 2.8 | Missed Expectations | ||
| Inflation Rate QoQ (Q2) | 0.5 | 0.9 | 0.6 | Missed Expectations | ||
| Inflation Rate YoY (Q2) | 2.7 | 2.5 | 2.8 | Missed Expectations | ||
| Food Inflation YoY (Jun) | 4.6 | 4.4 | 4.5 | Beat Expectations | ||
| Global Dairy Trade Price Index (Jul/15) | 1.1 | -4.1 | — | |||
| Global Dairy Trade Price Index (Jul/01) | -4.1 | -1 | -1.3 | Missed Expectations | ||
| Global Dairy Trade Price Index (Jun/17) | -1 | -1.6 | — | |||
| Food Inflation YoY (May) | 4.4 | 3.7 | 4 | Beat Expectations | ||
| Global Dairy Trade Price Index (Jun/03) | -1.6 | -0.9 | — | |||
| Global Dairy Trade Price Index (May/20) | -0.9 | 4.6 | — | |||
| PPI Output QoQ (Q1) | 2.1 | -0.1 | 0.1 | Beat Expectations | ||
| Producer Price Index QoQ (Q1) | 2.9 | -0.9 | 0.2 | Beat Expectations | ||
| Inflation Expectations (Q2) | 2.29 | 2.06 | 2.4 | Missed Expectations | ||
| Food Inflation YoY (Apr) | 3.7 | 3.5 | 3.3 | Beat Expectations | ||
| Global Dairy Trade Price Index (May/13) | 4.6 | 1.6 | 1 | Beat Expectations | ||
| Global Dairy Trade Price Index (May/06) | 4.6 | 1.6 | 1 | Beat Expectations | ||
| Inflation Rate YoY (Q1) | 2.5 | 2.2 | 2.3 | Beat Expectations | ||
| Consumer Price Index (Q1) | 2.5 | 2.2 | 2.3 | Beat Expectations | ||
| Inflation Rate QoQ (Q1) | 0.9 | 0.5 | 0.7 | Beat Expectations | ||
| Global Dairy Trade Price Index (Apr/15) | 1.6 | 1.1 | — | |||
| Food Inflation YoY (Mar) | 3.5 | 2.4 | 2.2 | Beat Expectations | ||
| Global Dairy Trade Price Index (Apr/01) | 1.1 | 0 | — | |||
| Global Dairy Trade Price Index (Mar/18) | 0 | -0.5 | — | |||
| Food Inflation YoY (Feb) | 2.4 | 2.3 | 2.5 | Missed Expectations | ||
| Global Dairy Trade Price Index (Mar/04) | -0.5 | -0.6 | — | |||
| Global Dairy Trade Price Index (Feb/18) | -0.6 | 3.7 | — | |||
| Global Dairy Trade Price Index (Feb/04) | 3.7 | 1.4 | — | |||
| Global Dairy Trade Price Index (Jan/21) | 1.4 | -1.4 | — | |||
| Global Dairy Trade Price Index (Jan/07) | -1.4 | -2.8 | — | |||
| Global Dairy Trade Price Index (Dec/17) | -2.8 | 1.2 | — | |||
| Global Dairy Trade Price Index (Dec/03) | 1.2 | 1.9 | — | |||
| Global Dairy Trade Price Index (Nov/19) | 1.9 | 4.8 | — | |||
| Global Dairy Trade Price Index (Nov/05) | 4.8 | -0.3 | — | |||
| Global Dairy Trade Price Index (Oct/15) | -0.3 | 1.2 | — | |||
| Global Dairy Trade Price Index (Oct/01) | 1.2 | 0.8 | — | |||
| Global Dairy Trade Price Index (Sep/17) | 0.8 | -0.4 | — | |||
| Global Dairy Trade Price Index (Sep/03) | -0.4 | 5.5 | — | |||
| Global Dairy Trade Price Index (Aug/20) | 5.5 | 0.5 | — | |||
| Global Dairy Trade Price Index (Aug/06) | 0.5 | 0.4 | — | |||
| Global Dairy Trade Price Index (Jul/16) | 0.4 | -6.9 | — | |||
| Global Dairy Trade Price Index (Jul/02) | -6.9 | -0.5 | — | |||
| Global Dairy Trade Price Index (Jun/18) | -0.5 | 1.7 | — | |||
| Global Dairy Trade Price Index (Jun/04) | 1.7 | 3.3 | — | |||
| Global Dairy Trade Price Index (May/21) | 3.3 | 1.8 | — | |||
| Global Dairy Trade Price Index (May/07) | 1.8 | 0.1 | — | |||
| Global Dairy Trade Price Index (Apr/16) | 0.1 | 2.8 | — | |||
| Global Dairy Trade Price Index (Apr/02) | 2.8 | -2.8 | — | |||
| Global Dairy Trade Price Index (Mar/19) | -2.8 | -2.3 | — | |||
| Global Dairy Trade Price Index (Mar/05) | -2.3 | 0.5 | — |
| Economic Indicators | Trend | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Business NZ PMI (Jan) | 55.2 | 56.1 | 55 | Beat Expectations | ||
| Business NZ PMI (Dec) | 56.1 | 51.4 | 51.6 | Beat Expectations | ||
| Business NZ PMI (Nov) | 51.4 | 51.2 | 50.5 | Beat Expectations | ||
| Manufacturing Sales QoQ (Q3) | 1.1 | -2.8 | — | |||
| Manufacturing Sales YoY (Q3) | 0.9 | -0.6 | -0.3 | Beat Expectations | ||
| Business NZ PMI (Oct) | 51.4 | 50.1 | 50.3 | Beat Expectations | ||
| Business NZ PMI (Sep) | 49.9 | 49.9 | 50.9 | Missed Expectations | ||
| Business NZ PMI (Aug) | 49.9 | 52.8 | 51.5 | Missed Expectations | ||
| Manufacturing Sales QoQ (Q2) | -2.9 | 2.4 | — | |||
| Manufacturing Sales YoY (Q2) | -0.6 | 4.1 | 4.5 | Missed Expectations | ||
| Business NZ PMI (Jul) | 52.8 | 48.8 | 49.2 | Beat Expectations | ||
| Business NZ PMI (Jun) | 48.8 | 47.4 | 48 | Beat Expectations | ||
| Business NZ PMI (May) | 47.5 | 53.3 | 53.7 | Missed Expectations | ||
| Manufacturing Sales QoQ (Q1) | 2.4 | 1.2 | — | |||
| Manufacturing Sales YoY (Q1) | 10 | 0.8 | 2.9 | Beat Expectations | ||
| Business NZ PMI (Apr) | 53.9 | 53.2 | 53 | Beat Expectations | ||
| Business NZ PMI (Mar) | 53.2 | 54.1 | 53.3 | Missed Expectations | ||
| Business NZ PMI (Feb) | 53.9 | 51.4 | 51 | Beat Expectations | ||
| Manufacturing Sales QoQ (Q4) | 1.1 | -0.9 | — | |||
| Manufacturing Sales YoY (Q4) | 0.8 | -1.6 | 2.5 | Missed Expectations |
| Economic Indicators | Trend | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Unemployment Rate (Q4) | 5.4 | 5.3 | 5.3 | Beat Expectations | ||
| Employment Change QoQ (Q4) | 0.5 | 0 | 0.2 | Beat Expectations | ||
| Labour Cost Index QoQ (Q4) | 0.4 | 0.5 | 0.5 | Missed Expectations | ||
| Labour Cost Index YoY (Q4) | 2 | 2.1 | 2 | In Line | ||
| Employment Change QoQ (Q3) | 0 | -0.2 | 0.1 | Missed Expectations | ||
| Unemployment Rate (Q3) | 5.3 | 5.2 | 5.3 | In Line | ||
| Labour Cost Index QoQ (Q3) | 0.5 | 0.6 | 0.4 | Beat Expectations | ||
| Labour Cost Index YoY (Q3) | 2.1 | 2.2 | 2.1 | In Line | ||
| Unemployment Rate (Q2) | 5.2 | 5.1 | 5.3 | Missed Expectations | ||
| Employment Change QoQ (Q2) | -0.1 | 0.1 | -0.1 | In Line | ||
| Labour Cost Index QoQ (Q2) | 0.6 | 0.4 | 0.6 | In Line | ||
| Labour Cost Index YoY (Q2) | 2.2 | 2.5 | 2.3 | Missed Expectations | ||
| Unemployment Rate (Q1) | 5.1 | 5.1 | 5.3 | Missed Expectations | ||
| Employment Change QoQ (Q1) | 0.1 | -0.1 | 0.1 | In Line | ||
| Labour Cost Index QoQ (Q1) | 0.4 | 0.6 | 0.5 | Missed Expectations | ||
| Labour Cost Index YoY (Q1) | 2.5 | 2.9 | 2.7 | Missed Expectations |
| Economic Indicators | Trend | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Building Permits (Dec) | -4.6 | 2.7 | 1 | Missed Expectations | ||
| Building Permits (Nov) | 2.8 | -0.9 | 1 | Beat Expectations | ||
| Building Permits (Oct) | -0.9 | 7.3 | -5 | Beat Expectations | ||
| Building Permits (Sep) | 7.2 | 6.1 | 0.8 | Beat Expectations | ||
| Building Permits (Aug) | 5.8 | 5.3 | -4.3 | Beat Expectations | ||
| Building Permits (Jul) | 5.4 | -6 | 4.5 | Beat Expectations | ||
| Building Permits (Jun) | -6.4 | 10.3 | 2.3 | Missed Expectations | ||
| Building Permits (May) | 10.4 | -14.6 | -1.8 | Beat Expectations | ||
| Building Permits (Apr) | -15.6 | 10.7 | -2.3 | Missed Expectations | ||
| Building Permits (Mar) | 9.6 | 0.7 | 2.9 | Beat Expectations | ||
| Building Permits (Feb) | 0.7 | 2.6 | 3.9 | Missed Expectations | ||
| Building Permits (Jan) | 2.6 | -5.6 | 3 | Missed Expectations |
| Economic Indicators | Trend | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Gross Domestic Product YoY (Q3) | 1.3 | -1.1 | 1.3 | In Line | ||
| GDP Growth Rate QoQ (Q3) | 1.1 | -1 | 0.9 | Beat Expectations | ||
| GDP Growth Rate YoY (Q3) | 1.3 | -1.1 | 1.3 | In Line | ||
| Gross Domestic Product QoQ (Q3) | 1.3 | -0.8 | — | |||
| GDP Growth Rate YoY (Q2) | -0.6 | -0.6 | 0 | Missed Expectations | ||
| GDP Growth Rate QoQ (Q2) | -0.9 | 0.9 | -0.3 | Missed Expectations | ||
| Gross Domestic Product QoQ (Q2) | -0.9 | 0.9 | -0.3 | Missed Expectations | ||
| Gross Domestic Product YoY (Q2) | -0.6 | -0.6 | 0 | Missed Expectations | ||
| Gross Domestic Product QoQ (Q1) | 0.8 | 0.5 | 0.7 | Beat Expectations | ||
| Gross Domestic Product YoY (Q1) | -0.7 | -1.3 | -0.8 | Beat Expectations | ||
| GDP Growth Rate YoY (Q1) | -0.7 | -1.3 | -0.8 | Beat Expectations | ||
| GDP Growth Rate QoQ (Q1) | 0.8 | 0.5 | 0.7 | Beat Expectations | ||
| GDP Growth Rate YoY (Q4) | -1.1 | -1.6 | -1.4 | Beat Expectations | ||
| GDP Growth Rate QoQ (Q4) | 0.7 | -1.1 | 0.4 | Beat Expectations | ||
| Gross Domestic Product YoY (Q4) | -1.1 | -1.6 | -1.4 | Beat Expectations | ||
| Gross Domestic Product QoQ (Q4) | 0.7 | -1.1 | 0.4 | Beat Expectations |
| Economic Indicators | Trend | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Budget Balance (Jul) | -14.8 | -10 | — | |||
| Budget Balance (Jan) | -9.99 | -16.6 | — |