Challenges
Participation Rate
Most recent - Tuesday 30 April 2024 22:45
Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
Trading range
Forecast history
The most recent announced value for Participation Rate was 71.5% against a forecast of 71.9%.
Past events
Economic context
Recent economic data has been strongly bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Participation Rate result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Building Permits s.a. (MoM) | Bearish change | 15.9% | -0.2% | ||
| Employment Change | Bearish change | 0.4% | -0.2% | ||
| Labour Cost Index (QoQ) | Bearish change | 1% | 0.8% | ||
| Unemployment Rate | Bearish change | 4% | 4.3% | ||
| Exports | Bullish change | $5.79B | $6.5B | ||
| Imports | Bearish change | $6.1B | $5.91B | ||
| Trade Balance NZD (YoY) | Bullish change | $-12.06B | $-9.87B |
About Participation Rate
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Labor Market |
| Frequency: | Quarterly |