Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The most recent announced value for Labour Cost Index (QoQ) was 0.5% against a forecast of 0.4%.
Other recent announcements which may affect the market's interpretation of the next Labour Cost Index (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Business NZ PSI | Bearish change | 48.7 | 47.5 | ||
| Business NZ PMI | Bearish change | 50.4 | 49.9 | ||
| Building Permits s.a. (MoM) | Bullish change | -0.8% | 10.9% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Labor Market |
| Frequency: | Quarterly |