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.
The most recent announced value for Labour Cost Index (QoQ) was 0.6% against a forecast of 0.6%.
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 | 6.1% | 7.2% | 
| Country: | New Zealand | 
|---|---|
| Currency: | NZD | 
| Source: | Stats NZ | 
| Category: | Labor Market | 
| Frequency: | Quarterly |