Forex Fundamentals
New Zealand GDP Growth Rate

New Zealand GDP Growth Rate 15 June 2016

New Zealand GDP Growth Rate 15 June 2016: 0.7% for Q1 2016, above the 0.5% forecast and down from 0.9% in Q4 2015. It is the lowest reading since Q2 2015. It is the third release in a row above the forecast. It was released on Wed 15 Jun 2016 at 22:45 UTC.

These figures were verified on 4 Oct 2026 from the source: Statistics New Zealand. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
0.7%
Q1 2016
Forecast
0.5%
The market consensus
Previous
0.9%
As the source gives it

What a print like this usually does

Above the forecast: Growth above forecast usually supports the NZD as traders price a more resilient economy and potentially higher rates for longer.

New Zealand GDP Growth Rate 15 June 2016: 0.7% for Q1 2016 against a 0.5% forecast, with the last 6 releases
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Cite this release

If you cite this release, please link to this page:

New Zealand GDP Growth Rate 15 June 2016: 0.7% vs 0.5% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-gdp/2016-06-15

The last 6 releases · times in UTC
ReleasedForActualForecastPrevious
15 Jun 2016Q10.7%0.5%0.9%
16 Mar 2016Q40.9%0.6%0.9%
16 Dec 2015Q30.9%0.8%0.3%
16 Sep 2015Q20.4%0.5%0.2%
17 Jun 2015Q10.2%0.6%0.8%
18 Mar 2015Q40.8%0.7%0.9%(R)
The release before:New Zealand GDP Growth Rate 16 March 2016The release after:New Zealand GDP Growth Rate 14 September 2016New Zealand GDP Growth Rate: every recent resultThis week’s economic calendar