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New Zealand Manufacturing Sales YoY
Manufacturing sales are defined as the change in the volume of sales in the manufacturing sector of the economy from one year to the next year in New Zealand. In total, there are 13 industries covered by the survey: meat and dairy products, seafood processing, fruit, oil, cereals, and other foods, beverages and tobacco, textiles, leather, clothing, and footwear, wood products; printing, petroleum, and coal products, chemical, polymer, and rubber products, non-metallic mineral products, metal products, transport equipment, machinery, and equipment, and furniture.
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 |
|
|
1.0844 -44 pips |
1.0911 -23 pips |
1.08882 | |
| EURNZD |
|
|
1.8905 -604 pips |
1.9479 +30 pips |
1.95086 | |
| NZDCAD |
|
|
0.8126 -98 pips |
0.8276 -52 pips |
0.82237 | |
| NZDJPY |
|
|
86.5133 -135 pips |
89.0019 -114 pips |
87.866 | |
| NZDUSD |
|
|
0.5902 -102 pips |
0.6070 -66 pips |
0.60040 | |
| GBPNZD |
|
|
2.2174 -456 pips |
2.1224 +1406 pips |
2.26304 | |
| NZDCHF |
|
|
0.4934 +163 pips |
0.5023 -252 pips |
0.47710 |
News (NZD)
New Zealand Holds Key Rate As Expected
The Reserve Bank of New Zealand left its benchmark interest rate unchanged on Wednesday citing elevated level of uncertainty and near-term risks to inflation. The Monetary Policy Committee, governed by Christian Hawkesby, decided to hold the Official Cash Rate at 3.25 percent. The bank has paused the easing cycle for the first time since it started cutting rates in August 2024.
RTTNews | 13h 34min ago
New Zealand Building Permits Jump 10%In May
The number of building permits issued in New Zealand was up a seasonally adjusted 10 percent on month in June, Statistics New Zealand said on Tuesday - coming in at 3,151.
RTTNews | 8 days ago
New Zealand GDP Expands 0.8% In Q1
New Zealand's gross domestic product expanded by a seasonally adjusted 0.8 percent on quarter in the first quarter of 2025, Statistics New Zealand said on Thursday.
RTTNews | 20 days ago
