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 high.
There is no forecast value for Unemployment Rate yet - check back for updates.
The most recent announced value for Unemployment Rate was 5.2% against a forecast of 5.3%.
Recent economic data has been moderately bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Price Index (QoQ) | Bullish change | 0.5% | 1% | ||
Consumer Price Index (YoY) | Bullish change | 2.7% | 3% | ||
Business NZ PSI | Bullish change | 47.6 | 48.3 | ||
Business NZ PMI | (no change) | 49.9 | 49.9 | ||
RBNZ Interest Rate Decision | Bearish change | 3% | 2.5% |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |