Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
The typical/expected impact on NZD pairs is medium.
There is no forecast value for Labour Cost Index (QoQ) yet - check back for updates.
The most recent announced value for Labour Cost Index (QoQ) was 0.4% against a forecast of 0.5%.
Recent economic data has been broadly neutral for NZD. Other recent announcements which may affect the market's interpretation of the next Labour Cost Index (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports | Bullish change | $7.41B | $7.84B | ||
Imports | Bearish change | $6.61B | $6.42B | ||
Trade Balance NZD (YoY) | Bullish change | $-6.25B | $-4.81B | ||
Producer Price Index - Output (QoQ) | Bullish change | -0.1% | 2.1% | ||
Business NZ PSI | Bearish change | 49.1 | 48.5 | ||
RBNZ Inflation Expectations (QoQ) | Bearish change | 2.06% | 2.29% | ||
Business NZ PMI | Bullish change | 53.2 | 53.9 |
Country: | New Zealand |
---|---|
Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |