Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
The typical/expected impact on NZD pairs is medium.
There is no forecast value for Participation Rate yet - check back for updates.
The most recent announced value for Participation Rate was 71% against a forecast of 71.1%.
Other recent announcements which may affect the market's interpretation of the next Participation Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
Business NZ PSI | Bullish change | 49 | 49.1 | ||
Business NZ PMI | Bearish change | 54.1 | 53.2 | ||
RBNZ Interest Rate Decision | Bearish change | 3.75% | 3.5% |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |