Challenges
Labour Cost Index (QoQ)
Most recent - Tuesday 2 May 2023 22:45
Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
Next event - Tuesday 1 August 2023 22:45
The typical/expected impact on NZD pairs is medium.
There is no forecast value for Labour Cost Index (QoQ) yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Labour Cost Index (QoQ) was 0.9% against a forecast of 1.1%.
Past events
Economic context
Other recent announcements which may affect the market's interpretation of the next Labour Cost Index (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Building Permits s.a. (MoM) | Bearish change | 6.6% | -2.6% | ||
| RBNZ Interest Rate Decision | Bullish change | 5.25% | 5.5% | ||
| Retail Sales (QoQ) | Bearish change | -0.6% | -1.4% | ||
| Retail Sales ex Autos (QoQ) | Bullish change | -1.6% | -1.1% |
About Labour Cost Index (QoQ)
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Labor Market |
| Frequency: | Quarterly |