Important Economic Indicators for the NZD.

Gross Domestic Product – Just like any other nation, the gross domestic product (GDP) serves as an economic report card for New Zealand.

By serving as a gauge of overall economic performance for New Zealand, it influences the demand for the NZD.

Consumer Price Index (CPI) – The consumer price index measures the change in price levels.

As a measure of inflation, it is closely watched by the RBNZ in determining changes in monetary policy.

They’re supposed to maintain price stability, remember?

Balance of Trade – Since New Zealand is an export-driven economy, traders often take a look at their trade balance to gauge the international demand for New Zealand’s products.

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