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ANZ forecast Q4 GDP in New Zealand contracted by 0.3%

ANZ forecast Q4 GDP in New Zealand contracted by 0.3%

Next Thursday (New Zealand time) we'll get Q4 2022 GDP.

Due at 2145 GMT on Wednesday 15 March, which is 1645 US Eastern time

ANZ New Zealand expect the contractions will be partially due to the huge expansion in Q3, some 'payback':

  • We’ve pencilled in a 0.3% q/q contraction for Q4 GDP, due next Thursday. That’s weaker than our previously published forecast of +0.3% q/q and the RBNZ’s February MPS forecast of +0.7%.
  • At the risk of sounding like a broken record,... Read More
Posted: Mar 10 2023, 01:45
Author Name: forexlive
Views: 111020

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