GDP is the broadest measure of economic activity and the primary indicator of the economy’s health. The quarterly dynamics of GDP shows the growth rate of the economy in general. A higher than expected reading should be taken as positive/bullish for NZD, while a lower than expected reading should be taken as negative/bearish for NZD. In Q1 2019, the indicator is expected to remain unchanged at 0.6% QoQ and to grow from 2.3% to 2.4% YoY.
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