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Gross Domestic Product: March 2011 quarter – rescheduled for 14 July

Media advisory – 6 July 2011

Statistics New Zealand has delayed the release of the Gross Domestic Product: March 2011 quarter (GDP) information release until Thursday, 14 July.

GDP was due to be released on Thursday, 7 July but more time is needed to analyse the data.

Statistics NZ previously announced that the release of the March quarter GDP would be delayed from 23 June until 7 July. We needed this extra time to ensure that our methods  for measuring GDP adequately accounted for the Canterbury earthquakes, and to get supplementary data for the March quarter release.

The quality assurance work for the March quarter has taken longer than expected and we have now decided that another week is required to ensure the quality of the results.

"We regret the inconvenience to people who use GDP information," Colin Lynch, Deputy Government Statistician for macro-economic and environment statistics said.

"Statistics New Zealand is committed to providing timely information. Because of this, the results of GDP are finalised very close to the release date. In this case, it means we have had to make the decision to postpone close to the scheduled release date."

Given the sensitivity of GDP data and the stage of analysis, Statistics NZ will not make any further public comment before the release on 14 July.

The media conference scheduled for 7 July will now take place on 14 July at Statistics House, Harbour Quays, Wellington. The conference room opens at 10:00am. The embargo lifts and journalists can leave at 10:45am.

See the full Statistics New Zealand release calendar.

END

For media enquiries contact: 
Colin Marshall, Senior Communications Advisor
04 931 4630 or 021 285 9191
communication@stats.govt.nz
www.stats.govt.nz/media

Statistics New Zealand Media Centre

Visit our  Media Centre where you will find a list of all our releases and other relevant statistical information to assist you. We welcome feedback on this page. Email communication@stats.govt.nz

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