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NZ Q1 GDP Release

The NZ Gross Domestic Product (GDP) for Q1 has just been released.

The GDP came in as expected .

NZ GDP Q1/Annual:

Headline Q1 GDP +0.5% / 2.7%

Consensus +0.5% / +2.7%

The NZD is little changed in immediate response.

Current indicative levels are:

NZDUSD 0.6850 / 0.6885
NZDAUD 0.9290 / 0.9330
NZDEUR 0.5910 / 0.5940
NZDGBP 0.5190 / 0.5225
NZDJPY 75.50 / 75.90

ends

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