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QoQ Change in Quarterly Manufacturing Sales in New Zealand

Country:
NZDNew Zealand
Importance:
Data Trends
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ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
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About QoQ Change in Quarterly Manufacturing Sales in New Zealand

The quarter-on-quarter manufacturing sales data represents the change in the sales revenue of New Zealand's manufacturing sector compared to the previous quarter. This data is released quarterly by Statistics New Zealand and is crucial for evaluating the economic activity of the manufacturing sector.

Quarter-on-quarter data helps to understand the short-term trends in the manufacturing industry. An increase in sales indicates that the economic activity in the manufacturing sector is expanding. Conversely, a decrease in sales suggests that economic activity in the manufacturing sector may be stagnating.

This data serves as a reference for policymakers to assess the trends in the manufacturing sector and formulate appropriate economic policies. Additionally, it is a valuable source of information for businesses and investors to understand the trends in the manufacturing sector and make economic forecasts.

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