Forex Fundamentals
New Zealand GDP Growth Rate

New Zealand GDP Growth Rate 18 December 2019

New Zealand GDP Growth Rate 18 December 2019: 0.7% for Q3 2019, above the 0.6% forecast and against 0.1% in Q2 2019 (first reported as 0.5%). It is the highest reading since Q2 2018. It is the second release in a row above the forecast. It was released on Wed 18 Dec 2019 at 21:45 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%
Q3 2019
Forecast
0.6%
The market consensus
Previous
0.1%
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 18 December 2019: 0.7% for Q3 2019 against a 0.6% forecast, with the last 12 releases
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Cite this release

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

New Zealand GDP Growth Rate 18 December 2019: 0.7% vs 0.6% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-gdp/2019-12-18

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
18 Dec 2019Q30.7%0.6%0.1%
18 Sep 2019Q20.5%0.4%0.6%
19 Jun 2019Q10.6%0.6%0.6%
20 Mar 2019Q40.6%0.6%0.3%
19 Dec 2018Q30.3%0.6%1%
19 Sep 2018Q21%0.7%0.5%
20 Jun 2018Q10.5%0.5%0.6%
14 Mar 2018Q40.6%0.7%0.6%
20 Dec 2017Q30.6%0.5%1.0%
20 Sep 2017Q20.8%0.8%0.6%
14 Jun 2017Q10.5%0.7%0.4%
15 Mar 2017Q40.4%0.7%0.8%
The release before:New Zealand GDP Growth Rate 18 September 2019The release after:New Zealand GDP Growth Rate 18 March 2020New Zealand GDP Growth Rate: every recent resultThis week’s economic calendar