Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
(A summary of the historic trading range after each event is not available for Producer Price Index - Output (QoQ). Please check the candle charts instead.)
The trading range of was pips following the most recent Producer Price Index - Output (QoQ).
The most recent announced value for Producer Price Index - Output (QoQ) was 0.6% against a forecast of 1%.
Recent economic data has been broadly neutral for NZD. Other recent announcements which may affect the market's interpretation of the next Producer Price Index - Output (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
RBNZ Interest Rate Decision | Bearish change | 3.25% | 3% | ||
Business NZ PSI | Bullish change | 47.6 | 48.9 | ||
Business NZ PMI | Bullish change | 49.2 | 52.8 | ||
RBNZ Inflation Expectations (QoQ) | Bullish change | 2.29% | 2.28% |
Country: | New Zealand |
---|---|
Currency: | NZD |
Source: | Stats NZ |
Category: | Inflation |
Frequency: | Quarterly |
The value of Producer Price Index - Output (QoQ) has been announced.
Forecast | Actual |