- NZ GDP q/q Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Dec 18, 2024 | -1.0% | -0.2% | -1.1% |
Sep 18, 2024 | -0.2% | -0.4% | 0.1% |
Jun 19, 2024 | 0.2% | 0.1% | -0.1% |
Mar 20, 2024 | -0.1% | 0.1% | -0.3% |
Dec 13, 2023 | -0.3% | 0.2% | 0.5% |
Sep 20, 2023 | 0.9% | 0.4% | 0.0% |
Jun 14, 2023 | -0.1% | -0.1% | -0.7% |
Mar 15, 2023 | -0.6% | -0.2% | 1.7% |
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- NZ GDP q/q News
Key facts: The following movements are in seasonally adjusted chain volume terms (adjusted for price inflation). In the September 2024 quarter, compared with the June 2024 quarter: GDP fell 1.0 percent expenditure on GDP fell 0.8 percent GDP per capita fell 1.2 percent real gross national disposable income fell 0.8 percent. The following movements are in seasonally adjusted nominal terms (not adjusted for price inflation). In the September 2024 quarter, compared with the June 2024 quarter: expenditure on GDP rose 0.4 ...
Key facts: The following movements are in seasonally adjusted chain volume terms (adjusted for price inflation). In the June 2024 quarter, compared with the March 2024 quarter: GDP fell 0.2 percent expenditure on GDP was flat, at 0.0 percent GDP per capita fell 0.5 percent real gross national disposable income was flat, at 0.0 percent. The following movements are in seasonally adjusted nominal terms (not adjusted for price inflation). In the June 2024 quarter, compared with the March 2024 quarter: expenditure on GDP rose ...
The latest NZIER Consensus Forecasts show a further downward revision to the growth outlook for the years ending March 2025 through to March 2027. Forecasts of annual average GDP growth point to zero percent growth in the year to March 2025 before picking up to 2.2 percent in 2026. These revisions reflect expectations for sluggish economic growth over the coming year. Recent data, such as NZIERs Quarterly Survey of Business Opinion measures of business confidence and firms own trading activity also suggest a deteriorating growth ...
Gross domestic product (GDP) provides a snapshot of the performance of the economy. GDP is New Zealand's official measure of economic growth. Note on seasonally adjusted estimates of exports and household consumption expenditure: Seasonal patterns of expenditure have been disrupted by direct and indirect impacts of the COVID-19 pandemic. This is making it more challenging than usual to estimate quarterly seasonally adjusted growth in certain series including, notably, household consumption expenditure (HCE). In particular, ...
Key facts: The following movements are in seasonally adjusted chain volume terms (adjusted for price inflation). In the December 2023 quarter, compared with the September 2023 quarter: GDP fell 0.1 percent expenditure on GDP was flat, at 0.0 percent GDP per capita fell 0.7 percent real gross national disposable income fell 1.4 percent. The following movements are in seasonally adjusted nominal terms (not adjusted for price inflation). In the December 2023 quarter, compared with the September 2023 quarter: expenditure on GDP fell 0.6 percent income GDP fell 0.6 percent. New Zealand economy down in December 2023 quarter The following movements are in seasonally adjusted chain volume terms. Economic activity fell 0.1 percent in the December 2023 quarter as measured by gross domestic product. This follows a 0.3 percent fall in the September 2023 quarter. GDP rose 0.6 percent over the year ended December 2023 compared with the year ended December 2022. Expenditure on GDP was flat, at 0.0 percent in the December 2023 quarter, following a 0.4 percent fall in the September 2023 quarter. Expenditure on GDP rose 0.6 percent over the year ended December 2023 compared with the year ended December 2022. post: New Zealand Economy Was In Recession In H2 2023
Key facts: In the September 2023 quarter, compared with the June 2023 quarter: GDP fell 0.3 percent expenditure on GDP fell 0.7 percent goods producing industries fell 2.6 percent service industries rose 0.4 percent primary industries rose 0.6 percent GDP per capita fell 0.9 percent real gross national disposable income fell 0.3 percent current price expenditure on GDP rose 1.2 percent. GDP rose 1.3 percent over the year ended September 2023, compared with the year ended September 2022. New Zealand economy down in ...
New Zealands economy grew 0.9% in the June quarter, beating economist expectations, pulling the country out of recession, and bringing the annual growth rate to 3.2%, Statistics NZ says. Technically, the economy was never in recession at all. The figure for the March quarter was revised up 0.1%, bringing the result to 0.0% or completely flat. There is no formal definition for a recession, but it is most commonly defined as two quarters of negative growth. This means a tiny change in economic conditions can tip the balance. Gross ...
Key facts: In the June 2023 quarter, compared with the March 2023 quarter: GDP rose 0.9 percent expenditure on GDP rose 1.3 percent service industries rose 1.0 percent goods producing industries rose 0.7 percent primary industries fell 1.9 percent GDP per capita rose 0.2 percent real gross national disposable income rose 0.8 percent current price expenditure on GDP rose 3.4 percent. GDP rose 3.2 percent over the year ended June 2023, compared with the year ended June 2022. All movements are in real terms unless stated ...
Released on Dec 18, 2024 |
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Released on Sep 18, 2024 |
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Released on Jun 19, 2024 |
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Released on Mar 20, 2024 |
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Released on Dec 13, 2023 |
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Released on Sep 20, 2023 |
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