INDEPENDENT NEWS

XE Data Update - New Zealand Q1 GDP Release

Published: Thu 20 Jun 2019 10:55 AM
The NZ GDP for Q1 has just been released.
The GDP for Q1 came in better than forecast overall:
Adjusted GDP Q1/ Annual :
GDP +0.6% / +2.5% Consensus +0.6% / +2.3%
NZ GDP over the last 12 months has increased by 2.7%.
The NZD is higher in immediate response.
Here is the link to the Statistics NZ for this GDP release:
https://www.stats.govt.nz/indicators/gross-domestic-product-gdp
Current indicative levels are:
NZDUSD 0.6545 / 0.6870
NZDAUD 0.9510 / 0.9535
NZDEUR 0.5825 / 0.5850
NZDGBP 0.5170 / 0.5195
NZDJPY 70.75 / 71.00
ends

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