FORECASTS OF MACROECONOMIC VARIABLES

Data on Forecasts of Macroeconomic Variables 

Basic Data Description

Observations: Panel data of 630 firms. Randomly drawn from the population of firms in New Zealand. Sampling framework allows for representation of sectors, subsectors and firm size. Note 2022Q3 data will become available by mid October 2022. 

 

Survey Time Period

 Bi-annually: 2019Q3 (630 firms), 2020Q1 (456 firms), 2020Q3 (487 firms), 2021Q1 (317 firms), 2021Q3 (598 firms), 2022Q1 (392 firms)

 

Forecasts of Inflation, Real GDP Growth and Unemployment Rate

                             Inflation                  Real GDP           Unemployment

                       Mean     Median      Mean     Median      Mean     Median

2019Q3           3.70       3.80          3.35       3.30           5.33       5.30

2020Q1           3.77       3.85          3.27       3.20           5.51       5.60

2020Q3           4.94       5.00          1.31       1.15           3.98       4.00

2021Q1           5.96       6.00          2.22       2.00           3.93       3.90

2021Q3           7.02       7.20          1.92       1.80           3.69       3.70

2022Q1           9.01       9.15          2.33       2.20           3.44       3.40

Note: The reported statistics are based on 250 observations. Forecasts of inflation rate, real GDP growth and unemployment are for 12 months-ahead. 

DATA DOWNLOAD

You may download the data for 250 observations for free here: Click firm forecasts of macroeconomic and industry variables

Download the survey questionnaire here: questionnaire

If you are interested in full sample data, please contact afrcl-nz@outlook.com