The typical/expected impact on NZD pairs is medium.
The most recent announced value for Business NZ PMI was 59.7.
Recent economic data has been moderately bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Business NZ PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Employment Change | Bullish change | 0.2% | 0.5% | ||
| Labour Cost Index (QoQ) | Bullish change | 0.5% | 0.7% | ||
| Participation Rate | Bullish change | 70.4% | 70.7% | ||
| Unemployment Rate | Bearish change | 5.4% | 5.6% | ||
| Building Permits s.a. (MoM) | Bullish change | -4.9% | -3.6% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Business NZ |
| Category: | Economic Activity |
| Frequency: | Monthly |