Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
The most recent announced value for Labour Cost Index (QoQ) was 0.6% against a forecast of 0.7%.
Other recent announcements which may affect the market's interpretation of the next Labour Cost Index (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Business NZ PMI | Bearish change | 45.8 | 45.5 | ||
Building Permits s.a. (MoM) | Bearish change | 2.4% | -5.2% |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |