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.
(A summary of the historic trading range after each event is not available for Labour Cost Index (QoQ). Please check the candle charts instead.)
The trading range of was pips following the most recent Labour Cost Index (QoQ).
The most recent announced value for Labour Cost Index (QoQ) was 1.1% against a forecast of 1.2%.
Recent economic data has been moderately bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Labour Cost Index (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports | Bearish change | $5.38B | $4.99B | ||
Imports | Bullish change | $6.55B | $7.28B | ||
Trade Balance NZD (YoY) | Bullish change | $-15.88B | $-15.54B | ||
Westpac Consumer Survey | Bearish change | 83.1 | 80.2 | ||
Gross Domestic Product (QoQ) | Bullish change | 0% | 0.9% | ||
Gross Domestic Product (YoY) | Bearish change | 2.2% | 1.8% | ||
Business NZ PSI | Bearish change | 48 | 47.1 | ||
Business NZ PMI | Bearish change | 46.6 | 46.1 |
Country: | New Zealand |
---|---|
Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |
The value of Labour Cost Index (QoQ) has been announced.
Forecast | Actual |