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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
New ZealandNew Zealand Import Prices QoQ climbed to 1.5% in Q4 2025
FMPMonthlyReleased March 2026
New Zealand Import Prices QoQ climbed to 1.5% in Q4 2025, released March 2026, up 1.0% from September's 0.5% reading. The print exceeded the 0.7% consensus by 0.8%. Import Prices QoQ has now risen for 3 consecutive months. Import Prices QoQ is now the highest in 6 months.
Latest Release
1.5
Actual
0.7
Consensus
0.5
Previous
Median Absolute Error
±4.05 percentage points
across last 12 releases
Last Call
Mar 2026
Predicted: 0.7
Actual: 1.5
Error: -0.8
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| NZD/USD | ▲ Direct | +0.55 | FOREX | Bullish NZD | → View |
| NZD/JPY | ▲ Direct | +0.45 | FOREX | Bullish NZD | → View |
| AUD/NZD | ▼ Inverse | −0.40 | FOREX | Bearish AUD | → View |
| EUR/NZD | ▼ Inverse | −0.35 | FOREX | Bullish NZD | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Import Prices QoQ (New Zealand) was reported at -0.70 in June 2026. The reading fell from the previous value of 1.50. Trailing 12-month context per ETL data through June 2026.
WHY IT MATTERS
The trailing three releases averaged 0.43, down from the prior three at 0.50. In June readings over the past 3 years, Import Prices QoQ has averaged -0.23.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with NZD/USD (Bullish NZD). A secondary relationship exists with NZD/JPY, positively correlated (Bullish NZD). Over the last 12 releases, the Sigmacast model's median absolute error is 4.05.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include GDP Growth Rate QoQ (Jun 17) and GDP Growth Rate YoY (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Import Prices QoQ - NZ
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About Import Prices QoQ — New Zealand
DEFINITION
Import Prices QoQ (Quarter-over-Quarter) is a financial indicator that measures the change in the prices of goods and services imported into a country over a specific quarter. It provides valuable insights into the overall cost of imports and can indicate the level of inflation or deflation in a country's economy. This indicator is closely monitored by economists and investors as it can impact trade balances, currency values, and overall economic growth.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2026): actual -0.7 %. Prior reading (Oct 2025): 1.5 %. Before that (Jul 2025): 0.5 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with NZD/USD (Bullish NZD, r=0.55) — a useful reference for forex-focused traders.