Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD 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.
The most recent announced value for Labour Cost Index (QoQ) was 1% against a forecast of 0.8%.
Recent economic data has been strongly bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Labour Cost Index (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports | Bullish change | $4.81B | $5.89B | ||
Imports | Bullish change | $5.9B | $6.11B | ||
Trade Balance NZD (YoY) | Bullish change | $-12.62B | $-11.99B | ||
Gross Domestic Product (QoQ) | Bullish change | -0.3% | -0.1% | ||
Gross Domestic Product (YoY) | Bullish change | -0.6% | -0.3% | ||
Westpac Consumer Survey | Bullish change | 88.9 | 93.2 | ||
Business NZ PSI | Bullish change | 52.2 | 53 |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |