Forex Fundamentals
New Zealand GDP Growth Rate

New Zealand GDP Growth Rate 15 March 2023

New Zealand GDP Growth Rate 15 March 2023: -0.6% for Q4 2022, below the -0.2% forecast and against 1.7% in Q3 2022 (first reported as 2%). It is the lowest reading since Q3 2021. 5 of the last 12 releases came in below the forecast. It was released on Wed 15 Mar 2023 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
-0.6%
Q4 2022
Forecast
-0.2%
The market consensus
Previous
1.7%
As the source gives it

What a print like this usually does

Below the forecast: A downside surprise, especially a contraction, usually weakens the NZD as expectations shift toward RBNZ easing.

New Zealand GDP Growth Rate 15 March 2023: -0.6% for Q4 2022 against a -0.2% 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 15 March 2023: -0.6% vs -0.2% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-gdp/2023-03-15

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
15 Mar 2023Q4-0.6%-0.2%1.7%
14 Dec 2022Q32%0.9%1.9%
14 Sep 2022Q21.7%1%-0.2%
15 Jun 2022Q1-0.2%0.6%3%
16 Mar 2022Q43%3.2%-3.6%
15 Dec 2021Q3-3.7%-4.5%2.8%
15 Sep 2021Q22.8%1.3%1.4%
16 Jun 2021Q11.6%0.5%-1%
17 Mar 2021Q4-1%0.1%13.9%
16 Dec 2020Q314.0%13.5%-11.0%
16 Sep 2020Q2-12.2%-12.8%-1.4%
17 Jun 2020Q1-1.6%-1%0.5%
The release before:New Zealand GDP Growth Rate 14 December 2022The release after:New Zealand GDP Growth Rate 14 June 2023New Zealand GDP Growth Rate: every recent resultThis week’s economic calendar