The typical/expected impact on NZD pairs is medium.
The consensus forecast for Labour Cost Index (QoQ) is 0.4%. 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 | 2.8% | -1.3% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Labor Market |
| Frequency: | Quarterly |