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) | Bullish change | -4.5% | 1.9% | ||
| Retail Sales (QoQ) | Bearish change | 1.9% | 0.9% | ||
| Retail Sales ex Autos (QoQ) | Bullish change | 1.2% | 1.5% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Labor Market |
| Frequency: | Quarterly |