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Economic Surprises › New Zealand
New Zealand -0.4 ▼ vs 1w ago (+1.2)
New Zealand economic data has been roughly in line with expectations. Over the past 90 days, releases have been close to analyst estimates with no strong directional bias.
Current Score
-0.4
1 Week Ago
+1.2
Releases (90d)
72
Top Beats
5
Top Misses
5
Surprise Index — 3 Year Weekly Trend
G7 Comparison — Economic Surprise Index
▲ Top Positive Surprises
▼ Top Negative Surprises
All Releases — 90 Day Window (72 events)
Date Event Actual Estimate Surprise Z Impact Contribution
2026-03-03 Export Prices QoQ 5.3 0.5 -3.535 Low -56.98
2026-02-13 Inflation Expectations 2.37 1.7 -2.347 Low -24.96
2026-02-13 Inflation Expectations 2.37 1.7 -2.347 Low -24.96
2026-02-22 Retail Sales QoQ 1.5 0.4 +0.837 Medium +21.93
2026-02-22 Retail Sales QoQ 1.5 0.4 +0.837 Medium +21.93
2026-02-22 Retail Sales QoQ 1.5 0.4 +0.837 Medium +21.93
2026-02-22 Retail Sales QoQ 1.5 0.4 +0.837 Medium +21.93
2026-03-15 Services NZ PSI 48.0 50.7 -1.007 Low -21.41
2026-03-15 Electronic Retail Card Spending MoM 1.4 0.3 +0.906 Low +19.26
2026-01-15 Business NZ PMI 56.1 51.6 +1.516 Medium +16.50
2026-03-17 Current Account -5.98 -4.75 -0.347 Medium -15.48
2026-03-17 Current Account -5.98 -4.75 -0.347 Medium -15.48
2026-02-26 ANZ Roy Morgan Consumer Confidence 100.1 106.5 -1.066 Low -15.30
2026-03-03 Terms of Trade QoQ 3.7 -0.7 +0.843 Low +13.59
2026-03-15 Composite NZ PCI 50.5 52.2 -0.633 Low -13.47
2026-03-18 GDP Growth Rate QoQ 0.2 0.4 -0.288 Medium -13.12
2026-03-18 GDP Growth Rate YoY 1.3 1.7 -0.246 Medium -11.20
2026-03-11 Manufacturing Sales YoY -0.7 1.2 -0.498 Low -9.65
2026-01-19 Composite NZ PCI 53.7 49.6 +1.608 Low +9.59
2026-02-15 Electronic Retail Card Spending MoM -1.1 0.5 -0.790 Low -8.80
2026-02-03 Employment Change QoQ 0.5 0.3 +0.503 Medium +8.49
2026-01-19 Services NZ PSI 51.5 48.0 +1.379 Low +8.23
2026-02-17 Producer Price Index QoQ -0.5 0.5 +0.662 Low +7.72
2026-01-30 ANZ Roy Morgan Consumer Confidence 107.2 102.4 +0.831 Low +6.40
2026-02-03 Labour Cost Index QoQ 0.4 0.5 +0.757 Low +6.39
2026-03-03 Imports 1.5 0.8 +0.355 Low +5.72
2026-03-03 Imports 1.5 0.8 +0.355 Low +5.72
2026-03-03 Imports 1.5 0.8 +0.355 Low +5.72
2026-03-03 Imports 1.5 0.8 +0.355 Low +5.72
2026-03-03 Imports 1.5 0.8 +0.355 Low +5.72
2026-01-22 Consumer Price Index 3.1 3.0 -0.419 Medium -5.37
2026-02-15 Electronic Retail Card Spending YoY 0.4 -0.4 +0.463 Low +5.15
2026-02-02 Building Permits -4.6 1.0 -0.621 Low -5.12
2026-03-12 Business NZ PMI 55.0 54.6 +0.127 Medium +5.05
2026-02-03 Unemployment Rate 5.4 5.3 -0.293 Medium -4.95
2026-02-03 Unemployment Rate 5.4 5.3 -0.293 Medium -4.95
2026-02-03 Participation Rate 70.5 70.3 +0.521 Low +4.40
2026-02-03 Participation Rate 70.5 70.3 +0.521 Low +4.40
2026-02-15 Services NZ PSI 50.9 51.9 -0.364 Low -4.06
2026-03-03 Import Prices QoQ 1.5 0.8 -0.192 Low -3.09
2026-03-18 Gross Domestic Product YoY 1.3 1.7 -0.134 Low -3.05
2026-03-16 Food Inflation YoY 4.5 4.8 +0.122 Low +2.67
2026-03-15 Electronic Retail Card Spending YoY 1.5 1.0 +0.116 Low +2.46
2026-02-17 PPI Output QoQ 0.1 0.7 +0.207 Low +2.41
2026-01-21 Electronic Retail Card Spending YoY -1.0 1.8 -0.360 Low -2.25
2026-02-16 Food Inflation YoY 4.6 4.2 -0.187 Low -2.13
2026-01-12 Business Confidence 48.0 16.0 +0.418 Low +2.12
2026-02-22 Retail Sales QoQ 0.9 0.6 +0.152 Low +1.99
2026-01-21 Electronic Retail Card Spending MoM -0.1 0.5 -0.296 Low -1.85
2026-02-22 Retail Sales YoY 4.4 3.6 +0.131 Low +1.71
2026-03-17 Westpac Consumer Confidence 94.7 95.0 -0.067 Low -1.50
2026-01-15 Food Inflation YoY 4.0 4.6 +0.256 Low +1.39
2026-02-13 Business NZ PMI 55.2 55.0 +0.063 Medium +1.34
2026-01-12 Capacity Utilization 89.8 89.3 +0.227 Low +1.15
2026-03-19 Imports 6.89 6.2 +0.045 Low +1.05
2026-01-13 Building Permits 2.8 1.0 +0.200 Low +1.04
2026-03-03 Global Dairy Trade Price Index 5.7 3.8 +0.065 Low +1.04
2026-02-26 ANZ Business Confidence 59.2 67.0 -0.034 Medium -0.97
2026-01-21 Visitor Arrivals YoY 8.2 4.0 +0.120 Low +0.75
2026-03-12 Visitor Arrivals YoY 4.1 6.0 -0.036 Low -0.72
2026-01-29 ANZ Business Confidence 64.1 73.9 -0.038 Medium -0.58
2026-03-19 Balance of Trade -0.257 -0.74 +0.008 Medium +0.37
2026-01-28 Balance of Trade 0.052 -0.18 +0.016 Medium +0.23
2026-02-19 Balance of Trade -0.519 -0.745 +0.004 Medium +0.09
2026-03-02 Building Permits 1.9 2.0 -0.006 Low -0.09
2026-03-19 Exports 6.63 6.6 +0.004 Low +0.09
2026-01-22 Inflation Rate QoQ 0.6 0.6 -0.000 Medium -0.00
2026-01-22 Inflation Rate YoY 3.1 3.1 -0.000 Low -0.00
2026-02-03 Labour Cost Index YoY 2.0 2.0 -0.000 Low -0.00
2026-02-15 Composite NZ PCI 52.5 52.5 +0.000 Low +0.00
2026-02-17 RBNZ Interest Rate Decision 2.25 2.25 +0.000 High +0.00
2026-02-18 RBNZ Interest Rate Decision 2.25 2.25 +0.000 Medium +0.00

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms