GDP announcement delayed

Statistics New Zealand has delayed the release of the Gross Domestic Product (GDP) result for the March quarter until next Thursday (July 14).

GDP was due to be released tomorrow but more time was needed to analyse the data, Statistics NZ said.

Statistics NZ previously announced that the release of the March quarter GDP would be delayed from June 23 until tomorrow.

"We needed this extra time to ensure that our methods  for measuring GDP adequately accounted for theCanterbury earthquakes, and to get supplementary data for the March quarter release."


1 · Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

1 Comment & Question

Commenter icon key: Subscriber Verified

Clearly the news is worse than Bill English had anticipated.

The governments 'favourite' firms of 'professionals/advisers' are no doubt banking even more taxpayer funded fees for weaving their magic PR BS spin with even more creative accounting ideas so Bill and John can further attempt to delude the nation into thinking the recession is long over, good luck with that one Bill!

What happened to the single dip recession you forecast Bill? <url>http://www.nzherald.co.nz/economy/news/article.cfm?c_id=34&objectid=1070...

and how about Professor Steve Keen's opinion on a potentiual for a global 'quadruple dip' at <url>http://www.mistywindow.com/double-dip-recession-squared/</url>

Reply
Share
  • 0
  • 0

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7113 0.0000 0.00%
AUD 0.9508 0.0000 0.00%
EUR 0.6400 0.0000 0.00%
GBP 0.5202 0.0000 0.00%
HKD 5.5327 0.0000 0.00%
JPY 72.5690 0.0000 0.00%

Commods

Commodity Price Change Time
Gold Index 1322.4 60.100 2016-06-24T00:
Oil Brent 49.0 0.120 2016-06-24T00:
Oil Nymex 47.6 -2.520 2016-06-24T00:
Silver Index 17.8 0.440 2016-06-24T00:

Indices

Symbol Open High Last %
NZX 50 6821.4 6853.1 6821.4 -2.25%
NASDAQ 4715.8 4798.2 4910.0 -4.12%
DAX 9237.6 9720.1 10257.0 -6.82%
DJI 17946.6 17946.6 18011.1 -3.39%
FTSE 6338.1 6338.6 6338.1 -3.15%
HKSE 20483.5 21034.2 20868.3 -2.92%
NI225 16333.9 16389.2 16238.4 -7.92%
ASX 5280.7 5325.4 5280.7 -3.17%