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%.
Recent economic data has been strongly bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Participation Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports | Bullish change | $6.61B | $7.59B | ||
Imports | Bullish change | $6.22B | $6.62B | ||
Trade Balance NZD (YoY) | Bullish change | $-6.63B | $-6.13B | ||
Consumer Price Index (QoQ) | Bullish change | 0.5% | 0.9% | ||
Consumer Price Index (YoY) | Bullish change | 2.2% | 2.5% | ||
Business NZ PSI | Bullish change | 49 | 49.1 |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |