New Zealand GDP growth measures how much the economy expanded or shrank last quarter, the broadest read on New Zealand economic health.
Actual
0.5%
Forecast
0.5%
Previous
0.8%
New Zealand GDP Growth Rate for Q4 came in at 0.5% versus 0.5% expected (previous 0.8%), in line with forecast.
What it meant for the NZD
The actual landed in line with the 0.5% forecast. A reading above forecast is generally bullish for the NZD, and below forecast bearish.
New to this release? See what New Zealand GDP Growth Rate measures, the next release and its full history.