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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
New ZealandNew Zealand Visitor Arrivals MoM climbed to 0.5% in August 2026
FMPMonthlyReleased September 2026
New Zealand Visitor Arrivals MoM climbed to 0.5% in August 2026, released September 2026, up 0.5% from July's 0.0% reading.
Latest Release
0.500000
Actual
—
Consensus
0.000000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| NZD/USD | ▼ Inverse | −0.52 | FOREX | Moves against | → View |
| NZD/JPY | ▼ Inverse | −0.51 | FOREX | Moves against | → View |
| AUD/USD | ▼ Inverse | −0.50 | FOREX | Moves against | → View |
| BTC/USD | ▲ Direct | +0.47 | CRYPTO | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Visitor Arrivals MoM (New Zealand) was reported at 0.5% in September 2026. The reading rose from the previous value of 0%. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 0.38%, ranging from -3% to 2.9% across 9 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged -0.67%, down from the prior three at 0.07%. Volatility over the past year (σ 1.87%) is lower than the prior year (σ 2.55%).
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with NZD/USD (Bearish NZD). A secondary relationship exists with NZD/JPY, negatively correlated (Bearish NZD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Current Account (Sep 15) and Current Account (Sep 15).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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Visitor Arrivals MoM - NZ
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About Visitor Arrivals MoM — New Zealand
DEFINITION
Visitor Arrivals MoM is a financial indicator that measures the month-over-month change in the number of visitors to a particular location. This indicator is commonly used in the tourism industry to track the growth or decline of visitor arrivals and can provide valuable insights into the overall health of the tourism sector. It is also used by businesses and governments to make informed decisions regarding marketing strategies, resource allocation, and economic policies. A positive change in Visitor Arrivals MoM indicates an increase in tourism activity, while a negative change may suggest a decline in visitor numbers.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. 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 (Sep 2026): actual 0.5 %. Prior reading (Aug 2026): -0.1 %. Before that (Jul 2026): -2.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with NZD/USD (Bearish NZD, r=-0.52) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - NZ Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 22:45 | NZ | Electronic Retail Card Spending YoY | 0.2 | 3.4 | 3 | 1.60 | Low |
| 22:45 | NZ | Electronic Retail Card Spending MoM | -0.9 | 1.2 | -0.7 | -0.80 | Low |
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 02:35 | NZ | 3-Month Bill Auction | 2.902 | 2.878 | 2.809 | 2.86 | Low |
| 21:00 | NZ | Westpac Consumer Confidence | 80.4 | 82.3 | 76.05 | Low | |
| 22:45 | NZ | Current Account | -1.01 | -2.65 | -2.64 | Medium | |
| 22:45 | NZ | Current Account | -1.01 | -7.5 | -7.49 | Medium | |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 22:45 | NZ | GDP Growth Rate YoY | 1.5 | 2.3 | 2.50 | Medium | |
| 22:45 | NZ | GDP Growth Rate QoQ | 0.8 | 0.1 | 0.05 | Medium | |