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 Participation Rate yet - check back for updates.
The most recent announced value for Participation Rate was 70.8% against a forecast of 71%.
Recent economic data has been broadly neutral for NZD. Other recent announcements which may affect the market's interpretation of the next Participation Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
RBNZ Inflation Expectations (QoQ) | Bearish change | 2.06% | 2.29% | ||
Business NZ PMI | Bullish change | 53.2 | 53.9 | ||
Employment Change | Bullish change | -0.2% | 0.1% | ||
Labour Cost Index (QoQ) | Bearish change | 0.6% | 0.4% | ||
Unemployment Rate | (no change) | 5.1% | 5.1% |
Country: | New Zealand |
---|---|
Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |