New Zealand GDP Growth Rate YoY
The services sector in New Zealand is the most important sector of the economy, accounting for 75% of the country's overall GDP. Within services, the most important segments are: finance, insurance, and business services (accounting for 30%), personal and community services (accounting for 13%), and transportation and communication (accounting for 11%). The industry sector accounts for 17% of GDP. The components of the industry sector are manufacturing (accounting for 13%), and construction (accounting for 4%). Agriculture, fishing, forestry, and mining account for the remaining 8% of total GDP.
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 |
|
|
1.0996 -87 pips |
1.1056 +27 pips |
1.10830 | |
| EURNZD |
|
|
1.9089 -708 pips |
1.9834 -37 pips |
1.97973 | |
| NZDCAD |
|
|
0.8085 -13 pips |
0.8213 -115 pips |
0.80980 | |
| NZDJPY |
|
|
85.8851 -70 pips |
87.9920 -141 pips |
86.581 | |
| NZDUSD |
|
|
0.5854 -40 pips |
0.6007 -113 pips |
0.58943 | |
| GBPNZD |
|
|
2.2446 -440 pips |
2.2490 +396 pips |
2.28857 | |
| NZDCHF |
|
|
0.4771 +53 pips |
0.4978 -260 pips |
0.47182 |
News (NZD)
New Zealand Retail Sales Climb 0.5% In Q2
The total volume of retail sales in New Zealand was up a seasonally adjusted 0.5 percent on quarter in the second quarter of 2025, Statistics New Zealand said on Monday - coming in at NZ$25 billion.
RTTNews | 6 days ago
New Zealand Has NZ$578 Million Trade Deficit
New Zealand posted a merchandise trade deficit of NZ$578 million in July, Statistics New Zealand said on Thursday.
RTTNews | 10 days ago
New Zealand Hints At More Interest Rate Cuts
The Reserve Bank of New Zealand reduced its key interest rate by 25 basis points to a three-year low and hinted at further easing on Wednesday. The Monetary Policy Committee, governed by Christian Hawkesby, voted to lower the Official Cash Rate to 3 percent from 3.25 percent. The bank has reduced the rate by 250 basis points since August 2024.
RTTNews | 11 days ago
