QoQ Change in Quarterly GDP in New Zealand
New Zealand| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The quarter-on-quarter change in Gross Domestic Product (GDP) measures how much the total economic activity in New Zealand has changed in a given quarter compared to the previous quarter. This data, released quarterly by Statistics New Zealand, is crucial for evaluating short-term economic trends.
Quarter-on-quarter data helps understand how economic activity fluctuates over short periods. An increase in GDP indicates economic expansion, suggesting that business production activities and consumer purchasing power are improving. Conversely, a decrease in GDP indicates economic stagnation or contraction, suggesting that business production activities and consumer spending are declining.
This data is a vital resource for policymakers to evaluate the health of the economy and formulate appropriate monetary and fiscal policies. Additionally, it serves as an important source of information for businesses and investors to understand short-term economic trends and make forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
