Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

XE Data Update - NZ Q2 GDP Release


The NZ GDP for Q2 has just been released.

The GDP for Q2 came in better than forecast overall:

Adjusted GDP Q2/ Annual:

GDP +0.5% / +2.1% Consensus +0.4% / +2.0%

The NZD is a little higher in immediate response.

Here is the link to the Statistics NZ for this GDP release:

https://www.stats.govt.nz/news/services-lead-gdp-growth

Current indicative levels are:

NZDUSD 0.6315 / 0.6340
NZDAUD 0.9255 / 0.9280
NZDEUR 0.5725 / 0.5750
NZDGBP 0.5060 / 0.5085
NZDJPY 68.50 / 68.75

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Primary Sector Council Report: Vision To Unite The Primary Sector Launched

Agriculture Minister Damien O’Connor has welcomed the release of a bold new vision for the country’s vital food and fibre sector. More>>

ALSO:

Crown Accounts: Treasury HYEFU Sees Deficit Then Rising Surpluses

An operating balance before gains and losses deficit of $0.9 billion is forecast in the current year, before returning to a small surplus in 2020/21 which then grows to reach $5.9 billion (1.5% of GDP) in 2023/24. More>>

ALSO:

Fuels Rushing In: Govt "Ready To Act" On Petrol Market Report

The Government will now take the Commerce Commission’s recommendations to Cabinet...
• A more transparent wholesale pricing regime • Greater contractual freedoms and fairer terms • Introducing an enforceable industry code of conduct • Improve transparency of premium grade fuel pricing... More>>

ALSO:

Reserve Bank Capital Review Decision: Increased Bank Capital Requirements

Governor Adrian Orr said the decisions to increase capital requirements are about making the banking system safer for all New Zealanders, and will ensure bank owners have a meaningful stake in their businesses. More>>

ALSO: