Date
GMT+01:00
Event Previous Forecast Actual
Sep, 17 23:45
★★★
GDP
GDP
Country:
Date: Sep, 17 23:45
Importance: High
Previous: 0.8%; -0.7%
Forecast: -0.3%
Actual: -
Period: 2 quarter

A comprehensive measure of a New Zealand 's overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. Economic expansion, indicated by a growing GDP, raises concerns about inflationary pressure.

GDP calculates the total market value of goods and services produced in New Zealand within a given period after deducting the cost of goods and services used up in the process of production. Therefore, GDP excludes intermediate goods and services and considers final aggregates only. It is calculated as:

GDP = C + I + G + (EX - IM)

where

C = private consumption
I = private investment
G = government expenditure
EX = exports of goods and services
IM = imports of goods and services

The headline figures for GDP are the percentage growth rate from the previous quarter and the annualized percentage change in GDP. These are the preliminary figures, and are usually revised every following month.

0.8%; -0.7% -0.3% -
Sep, 18 00:50
Core Machinery Orders
Core Machinery Orders
Country:
Date: Sep, 18 00:50
Importance: Low
Previous: 3.0%; 7.6%
Forecast: -1.7%
Actual: -
Period: Jul

Japan machinery orders received from the private sector excluding volatile orders.

3.0%; 7.6% -1.7% -
Sep, 18 02:30
★★★
Employment Change
Employment Change
Country:
Date: Sep, 18 02:30
Importance: High
Previous: 24.5K
Forecast: 21.2K
Actual: -
Period: Aug

Tracks the number of the employed in Australia . The figure appears in the monthly Labour Force Survey conducted by the Australian Bureau of Statistics. A surge in new employment suggests higher spending potential and budding inflation pressures, which the RBA often counters with rate increases.

The headline figure is the annualized percentage change in employed workers.

24.5K 21.2K -
Sep, 18 02:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Sep, 18 02:30
Importance: High
Previous: 4.2%
Forecast: 4.2%
Actual: -
Period: Aug

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

4.2% 4.2% -
Sep, 18 02:30
★★
Part Time Employment Change
Part Time Employment Change
Country:
Date: Sep, 18 02:30
Importance: Medium
Previous: 60.5K; -35.9K
Forecast: -
Actual: -
Period: Aug

Modern award usually defines a part-time employee as an employee who is engaged to work less than an average of 38 ordinary hours per week and whose hours of work are reasonably predictable, with a guaranteed minimum number of hours of work. Work is usually performed on regular days of the week. A part-time employee will usually be entitled to the same employment conditions as a full-time employee, but on a pro rata basis compared to the full-time hours (usually 38 per week) prescribed under the applicable industrial instrument.

60.5K; -35.9K - -