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 Participation Rate yet - check back for updates.
The most recent announced value for Participation Rate was 70.8% against a forecast of 71%.
Other recent announcements which may affect the market's interpretation of the next Participation Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
Business NZ PMI | Bullish change | 47.5 | 48.8 | ||
RBNZ Interest Rate Decision | (no change) | 3.25% | 3.25% | ||
Building Permits s.a. (MoM) | Bullish change | -14.6% | 10.4% |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |