New Zealand NZD

New Zealand Export Prices QoQ

Impact:
Low

Latest Release:

Date:
Surprise:
-2%
Actual:
-1.6%
Forecast: 0.4%
Previous/Revision:
0.3%
Period: Q3

Next Release:

Date:
Period: Q4
What Does It Measure?
The New Zealand Export Prices QoQ measures the percentage change in the prices received by producers for their exports over a quarter. This indicator focuses primarily on pricing trends for New Zealand's export commodities, assessing key areas such as agricultural products, dairy, and metals.
Frequency
This report is released quarterly as a final figure typically published in the first month following the end of each quarter.
Why Do Traders Care?
Traders closely monitor export prices as they directly reflect demand for New Zealand's goods on the global market, influencing the New Zealand dollar (NZD) and associated equities. Significant fluctuations in this metric can impact trade balances, corporate earnings, and thus investor sentiment toward New Zealand's economic prospects.
What Is It Derived From?
The Export Prices QoQ is derived from data collected through surveys sent to exporters, capturing the prices received for goods sold overseas. It employs methodologies that account for a broad range of export categories, applying weighted averages to ensure representation across different sectors.
Description
The New Zealand Export Prices QoQ helps to indicate inflationary pressures within the export sector and is evaluated against previous quarters to discern trends. This measure allows traders to gauge how price changes might affect the competitiveness of New Zealand's goods internationally and provide insights into potential economic growth or contraction.
Additional Notes
This indicator is typically viewed as a coincident measure, reflecting current conditions and trends in export markets. Additionally, it can be compared with import prices to assess trade dynamics and may indicate broader inflationary trends in the New Zealand economy.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
-1.6%
0.4%
0.3%
-2%
0.2%
3%
7.1%
-2.8%
7.1%
3.7%
3.2%
3.4%
3.2%
2.3%
0.7%
0.9%
0.7%
1.4%
5.2%
-0.7%
5.2%
2.8%
-0.3%
2.4%
-0.3%
1.5%
-4.2%
-1.8%
-4.2%
-0.4%
-1.4%
-3.8%
-1.4%
-1.5%
-0.6%
0.1%
-0.6%
-2.1%
-6.9%
1.5%
-6.9%
-2.7%
-0.6%
-4.2%
-0.6%
-2.2%
2.9%
1.6%
3.1%
0.9%
3.7%
2.2%
3.7%
0.8%
7.8%
2.9%
7.8%
4.6%
2.8%
3.2%
2.7%
1.5%
4.6%
1.2%
4.6%
1.4%
8.3%
3.2%
8.3%
3%
-0.8%
5.3%
-0.8%
0.6%
-0.4%
-1.4%
-0.4%
0%
-8.3%
-0.4%
-8.3%
-3.5%
2.4%
-4.8%
2.4%
-1.6%
-0.2%
4%
-0.2%
-1%
3.1%
0.8%
3%
1%
1.7%
2%
1.9%
1.2%
3.2%
0.7%
3.4%
3%
-2.6%
0.4%
-2.6%
-1.5%
-1.7%
-1.1%
-1.7%
-2%
3.5%
0.3%
2.3%
2.2%
2.5%
0.1%
2.4%
3%
-2.2%
-0.6%
-2.2%
-1.5%
4.9%
-0.7%
4.9%
4.2%
-1.9%
0.7%
-1.9%
3%
2.4%
-4.9%
2.4%
3%
6.9%
-0.6%
8%
4.7%
4.8%
3.3%
4.8%
-2.7%
-2.8%
-0.9%
-1.8%
-1.9%
-1.9%
-2.5%
-0.4%
0.6%
0%
-1.5%
-5.6%
1.5%
-5.7%
-4.4%
3.3%
-1.3%
2.1%
0%
-3.9%
2.1%
Broker Rebates