Advertisement
New Zealand GDP Growth Rate QoQ
Heavily reliant on foreign trade, New Zealand has a sophisticated market economy. The country has a tight relationship with Australia, which is the country's largest importer of kiwi products, as well as a supplier and investor. The tourism industry and agricultural exports are the two most developed industries in New Zealand, and they are the primary drivers of the country's economic development. A large portion of the economy is devoted to services, which account for 75% of total GDP. These services include financial, insurance, and business services (30%), personal and community services (13%), transportation and communication services (11%). In terms of GDP, industry accounts for 17%, with manufacturing accounting for 13% and construction accounting for 4%. The remaining 8% is composed of industries like agriculture, fishing, forestry, and mining.
A higher than expected figure should be seen as positive (bullish) for the NZD while a lower than expected figure should be seen as negative (bearish) for the NZD.
Forex Sentiment (NZD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| AUDNZD |
|
|
1.0867 -50 pips |
1.0963 -46 pips |
1.09169 | |
| EURNZD |
|
|
1.8670 -698 pips |
1.9420 -52 pips |
1.93679 | |
| NZDCAD |
|
|
0.8108 -51 pips |
0.8248 -89 pips |
0.81586 | |
| NZDJPY |
|
|
86.9890 -175 pips |
89.4229 -68 pips |
88.743 | |
| NZDUSD |
|
|
0.5883 -15 pips |
0.5995 -97 pips |
0.58985 | |
| GBPNZD |
|
|
2.1854 -526 pips |
2.1640 +740 pips |
2.23801 | |
| NZDCHF |
|
|
0.4847 +51 pips |
0.5081 -285 pips |
0.47964 |
News (NZD)
New Zealand Has NZ$142 Million Trade Surplus In June
New Zealand posted a seasonally adjusted merchandise trade surplus of NZ$142 million in June, Statistics New Zealand said on Tuesday.
RTTNews | 9 days ago
New Zealand Annual Inflation Climbs 2.7% In Q2
Consumer prices in New Zealand were up 2.7 percent on year in the second quarter of 2025, Statistics New Zealand said on Monday - up from 2.5 percent in the three months prior but shy of expectations for 2.8 percent.
RTTNews | 10 days ago
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
RTTNews | 14 days ago
