New Zealand: Strength in latest GDP numbers – Westpac
31.12.2019, 09:16

New Zealand: Strength in latest GDP numbers – Westpac

Michael Gordon, the senior economist at Westpac, notes that the New Zealand economy grew by 0.7% in the September quarter and while this was ahead of market forecasts, the annual revisions to the GDP data have made it trickier to interpret the recent results.

  • "New Zealand's GDP rose by 0.7% in the September quarter, beating market forecasts of a 0.5% rise. However, that followed a heavily downwardly revised June quarter result (down from 0.5% to 0.1%). Indeed, the annual round of revisions to the GDP figures have altered the recent path of growth significantly, making it somewhat harder to interpret.
  • GDP has been revised up substantially over 2018 - growth for the calendar year has risen from 2.9% to 3.2%. This means that the pace of growth held steady over that year, rather than slowing as the previous figures indicated. In contrast, growth in the first half of this year is much weaker than previously reported (although that result will itself be tested in next year's revisions).
  • The revisions to history - and the upside surprise for the September quarter - appear to be due more to changes in the composition of GDP, rather than significant changes in any particular industries. The revisions have also created a more volatile quarterly path for GDP, with growth swinging between 1% in the December 2018 quarter to 0.1% in the June 2019 quarter (the previously reported figures were 0.7% and 0.5% respectively)."

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik