The typical/expected impact on NZD pairs is medium.
There is no forecast value for Business NZ PMI yet - check back for updates.
The most recent announced value for Business NZ PMI was 53.9.
Recent economic data has been moderately bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Business NZ PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports | Bullish change | $6.06B | $6.74B | ||
Imports | Bearish change | $6.6B | $6.23B | ||
Trade Balance NZD (YoY) | Bullish change | $-7.34B | $-6.51B | ||
Gross Domestic Product (QoQ) | Bullish change | -1.1% | 0.7% | ||
Gross Domestic Product (YoY) | Bullish change | -1.6% | -1.1% | ||
Westpac Consumer Survey | Bearish change | 97.5 | 89.2 | ||
Business NZ PSI | Bearish change | 50.4 | 49.1 |
Country: | New Zealand |
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Currency: | NZD |
Source: | Business NZ |
Category: | Economic Activity |
Frequency: | Monthly |