New Zealand GDP: what's the kiwi economy saying?

New Zealand grew 0.2% in the June quarter as construction offset weaker transport and retail (report). The picture matters for the RBNZ's path.

New Zealand GDP: what's the kiwi economy saying? — central bank rate path diagram
A central bank's policy rate path across recent meetings

Post your read:

  • how the growth mix shapes RBNZ expectations
  • the NZD implications you see
  • the New Zealand data you're watching next
New Zealand GDP: what's the kiwi economy saying? — risk-reward diagram
A risk-reward ratio of 1 to 2

Background: commodity currencies.

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