The Business NZ PMI measures the activity level of purchasing managers in the manufacturing sector.
Any reading above 50 indicates expansion,
while a reading below 50 indicates contraction.
It gives an indication about the health of the manufacturing section and production growth in New-Zealand.
A higher than expected reading should be taken as positive/bullish for the NZD,
while a lower than expected reading should be taken as negative/bearish for the NZD.
The Food Price Index (FPI) measures the change in the rate of inflation for food and food services purchased by households.
The FPI can reflect demand for New Zealand products and for the NZD.
A higher than expected reading should be taken as positive/bullish for the NZD,
while a lower than expected reading should be taken as negative/bearish for the NZD.
The Retail Sales is a monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes in New-Zealand.
It is an important indicator of consumer spending and also correlated to consumer confidence and considered as a pace indicator of the New-Zealand's economy .
A higher than expected reading should be taken as positive/bullish for the NZD,
while a lower than expected reading should be taken as negative/bearish for the NZD.
The Core Retail Sales is a monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes in New-Zealand, excluding auto.
It is an important indicator of consumer spending and also correlated to consumer confidence and considered as a pace indicator of the New-Zealand's economy .
A higher than expected reading should be taken as positive/bullish for the NZD,
while a lower than expected reading should be taken as negative/bearish for the NZD.
