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Economic Surprises › New Zealand
New Zealand -3.1 ▲ vs 1w ago (-5.4)
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
-3.1
1 Week Ago
-5.4
Releases (90d)
73
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 (73 events)
Date Event Actual Estimate Surprise Z Impact Contribution
2026-05-13 Inflation Expectations 2.53 1.7 -2.545 Low -52.88
2026-04-20 Consumer Price Index 0.9 0.8 -1.546 Medium -37.78
2026-05-17 Services NZ PSI 48.9 45.0 +1.547 Low +35.25
2026-05-17 Composite NZ PCI 49.4 46.8 +1.085 Low +24.74
2026-04-30 ANZ Roy Morgan Consumer Confidence 80.3 87.0 -1.335 Low -20.54
2026-04-12 Services NZ PSI 46.0 50.6 -1.622 Low -16.47
2026-05-05 Labour Cost Index QoQ 0.5 0.4 -0.945 Low -16.32
2026-04-09 Business NZ PMI 53.2 55.6 -0.763 Medium -14.46
2026-03-03 Export Prices QoQ 5.3 0.5 -3.535 Low -14.24
2026-05-14 Food Inflation YoY 2.6 3.9 +0.669 Low +14.23
2026-05-18 Electronic Retail Card Spending MoM -1.3 1.1 -0.544 Low -12.68
2026-04-30 ANZ Business Confidence -10.6 27.0 -0.411 Medium -12.65
2026-05-05 Unemployment Rate 5.3 5.4 +0.291 Medium +10.04
2026-04-16 Electronic Retail Card Spending MoM 0.7 -0.3 +0.831 Low +9.25
2026-03-26 ANZ Roy Morgan Consumer Confidence 91.3 99.0 -1.348 Low -9.24
2026-05-05 Employment Change QoQ 0.2 0.3 -0.253 Medium -8.75
2026-04-13 Visitor Arrivals YoY 15.2 2.0 +0.766 Low +7.96
2026-04-20 Capacity Utilization 91.2 90.0 +0.562 Low +6.86
2026-04-12 Composite NZ PCI 48.8 50.4 -0.620 Low -6.30
2026-04-16 Food Inflation YoY 3.4 4.7 +0.555 Low +6.18
2026-04-20 Inflation Rate QoQ 0.9 0.8 -0.246 Medium -6.01
2026-05-18 Producer Price Index QoQ 1.4 0.8 -0.253 Low -5.91
2026-02-22 Retail Sales QoQ 1.5 0.4 +0.837 Medium +5.48
2026-02-22 Retail Sales QoQ 1.5 0.4 +0.837 Medium +5.48
2026-02-22 Retail Sales QoQ 1.5 0.4 +0.837 Medium +5.48
2026-02-22 Retail Sales QoQ 1.5 0.4 +0.837 Medium +5.48
2026-03-18 Gross Domestic Product QoQ 0.2 0.5 -0.454 Medium -5.18
2026-03-15 Services NZ PSI 48.0 50.7 -0.950 Low -5.05
2026-03-15 Electronic Retail Card Spending MoM 1.4 0.3 +0.914 Low +4.86
2026-05-05 Participation Rate 70.4 70.5 -0.263 Low -4.53
2026-03-17 Current Account -5.98 -4.75 -0.347 Medium -3.87
2026-03-17 Current Account -5.98 -4.75 -0.347 Medium -3.87
2026-04-20 Inflation Rate YoY 3.1 2.9 -0.309 Low -3.78
2026-02-26 ANZ Roy Morgan Consumer Confidence 100.1 106.5 -1.041 Low -3.74
2026-05-18 PPI Output QoQ 0.8 0.5 -0.148 Low -3.44
2026-03-03 Terms of Trade QoQ 3.7 -0.7 +0.843 Low +3.40
2026-03-15 Composite NZ PCI 50.5 52.2 -0.636 Low -3.38
2026-03-18 GDP Growth Rate QoQ 0.2 0.4 -0.288 Medium -3.28
2026-03-18 GDP Growth Rate YoY 1.3 1.7 -0.246 Medium -2.80
2026-03-11 Manufacturing Sales YoY -0.7 1.2 -0.498 Low -2.41
2026-05-18 Electronic Retail Card Spending YoY 2.0 3.4 -0.097 Low -2.27
2026-04-19 Exports 7.94 6.5 +0.187 Low +2.24
2026-05-20 Exports 8.62 7.8 +0.089 Low +2.17
2026-03-31 ANZ Business Confidence 32.5 57.0 -0.127 Medium -1.95
2026-03-03 Imports 1.5 0.8 +0.360 Low +1.45
2026-03-03 Imports 1.5 0.8 +0.360 Low +1.45
2026-03-03 Imports 1.5 0.8 +0.360 Low +1.45
2026-03-03 Imports 1.5 0.8 +0.360 Low +1.45
2026-03-03 Imports 1.5 0.8 +0.360 Low +1.45
2026-04-16 Electronic Retail Card Spending YoY 2.7 1.8 +0.118 Low +1.32
2026-03-12 Business NZ PMI 55.0 54.6 +0.130 Medium +1.29
2026-04-19 Balance of Trade 0.698 0.175 +0.037 Medium +0.88
2026-04-19 Imports 7.25 6.2 +0.070 Low +0.83
2026-03-03 Import Prices QoQ 1.5 0.8 -0.192 Low -0.77
2026-03-18 Gross Domestic Product YoY 1.3 1.7 -0.134 Low -0.76
2026-03-16 Food Inflation YoY 4.5 4.8 +0.125 Low +0.68
2026-03-15 Electronic Retail Card Spending YoY 1.5 1.0 +0.118 Low +0.63
2026-05-20 Balance of Trade 1.92 0.98 +0.012 Medium +0.58
2026-02-22 Retail Sales QoQ 0.9 0.6 +0.152 Low +0.50
2026-02-22 Retail Sales YoY 4.4 3.6 +0.131 Low +0.43
2026-05-20 Imports 6.7 7.0 -0.018 Low -0.43
2026-03-17 Westpac Consumer Confidence 94.7 95.0 -0.067 Low -0.37
2026-03-19 Imports 6.89 6.2 +0.046 Low +0.27
2026-05-13 Visitor Arrivals YoY 15.1 17.0 -0.013 Low -0.27
2026-03-03 Global Dairy Trade Price Index 5.7 3.8 +0.065 Low +0.26
2026-02-26 ANZ Business Confidence 59.2 67.0 -0.034 Medium -0.25
2026-03-12 Visitor Arrivals YoY 4.1 6.0 -0.037 Low -0.18
2026-03-19 Balance of Trade -0.257 -0.74 +0.008 Medium +0.09
2026-03-02 Building Permits 1.9 2.0 -0.006 Low -0.02
2026-03-19 Exports 6.63 6.6 +0.004 Low +0.02
2026-04-08 RBNZ Interest Rate Decision 2.25 2.25 +0.000 Medium +0.00
2026-05-05 Labour Cost Index YoY 2.0 2.0 -0.000 Low -0.00
2026-05-14 Business NZ PMI 50.5 50.5 +0.000 Medium +0.00

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