The typical/expected impact on NZD pairs is medium.
The consensus forecast for Labour Cost Index (QoQ) is 0.6%. A higher value than forecast tends to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
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 0.4% against a forecast of 0.5%.
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 | 10.3% | -6.4% |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |