'Nowcasting' could ease GDP figure revision shocks
Forecasting becomes difficult, especially if changes to benchmark values are significant.
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
On December 19, the Reserve Bank released the third quarter (Q3) GDP figures for New Zealand. If you are in the business of economic forecasting, no doubt your heart rate increases around 3pm when you find out how close your predictions are to the released values.
But it is not just the release
Want to read more? It's easy.
Choose your subscription
Already have an account? Login
Smartphone Only Subscription
NZ$29.95 / monthly
Monthly Premium Online Subscription
NZ$49.95 / monthly
Smartphone Only Annual Subscription
NZ$299.00 / yearly
Yearly Premium Online Subscription
NZ$499.00 / yearly
Premium Group Membership 10 Users
NZ$385+GST / monthly
$38.5 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$660+GST / monthly
$33 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1375+GST / monthly
$27.5 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$2100+GST / monthly
$21 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$999.00 / yearly
Individual
Group membership
NBR Marketplace
Christoph Schumacher
Wed, 01 Jan 2020
Wed, 01 Jan 2020
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Free News Alerts
Sign up to get the latest stories and insights delivered to your inbox – free, every day.
Free News Alerts
Sign up to get the latest stories and insights delivered to your inbox – free, every day.
'Nowcasting' could ease GDP figure revision shocks
Analysis,
82229