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XE Data Update – New Zealand Q1 GDP Release

Press Release – XE Money Transfer

The NZ GDP for Q1 has just been released. The GDP for Q1 came in better than forecast overall: Adjusted GDP Q1/ Annual : GDP +0.6% / +2.5% Consensus +0.6% / +2.3% NZ GDP over the last 12 months has increased by 2.7%. The NZD is higher in immediate response. …The NZ GDP for Q1 has just been released.

The GDP for Q1 came in better than forecast overall:

Adjusted GDP Q1/ Annual :

GDP +0.6% / +2.5% Consensus +0.6% / +2.3%

NZ GDP over the last 12 months has increased by 2.7%.

The NZD is higher in immediate response.

Here is the link to the Statistics NZ for this GDP release:

https://www.stats.govt.nz/indicators/gross-domestic-product-gdp

Current indicative levels are:

NZDUSD 0.6545 / 0.6870
NZDAUD 0.9510 / 0.9535
NZDEUR 0.5825 / 0.5850
NZDGBP 0.5170 / 0.5195
NZDJPY 70.75 / 71.00

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