New Zealand Labour Costs Index QoQ
The change in labor expenses is measured by the Labor Cost Index. The index includes base salary and regular-time pay rates, as well as nonwage labor-related costs like as annual leave and statutory holidays, superannuation, ACC employer payments, medical insurance, private motor vehicles, and low-interest loans.
A higher than expected figure should be seen as positive (bullish) for the NZD while a lower than expected figure should be seen as negative (bearish) for the NZD.
Forex Sentiment (NZD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| AUDNZD |
|
|
1.0882 -126 pips |
1.0980 +28 pips |
1.10084 | |
| EURNZD |
|
|
1.7786 -160 pips |
1.8036 -90 pips |
1.79455 | |
| NZDCAD |
|
|
0.8119 -32 pips |
0.8208 -57 pips |
0.81509 | |
| NZDJPY |
|
|
91.9316 -155 pips |
93.1053 +37 pips |
93.479 | |
| NZDUSD |
|
|
0.5951 -27 pips |
0.6089 -111 pips |
0.59778 | |
| GBPNZD |
|
|
2.0779 -196 pips |
2.0732 +243 pips |
2.09752 | |
| NZDCHF |
|
|
0.5383 -61 pips |
0.5510 -66 pips |
0.54439 |
News (NZD)
New Zealand Inflation Gains 0.6% On Quarter In Q1
Consumer prices in New Zealand were up a seasonally adjusted 0.6 percent on quarter in the first quarter of 2024, Statistics New Zealand said on Wednesday.
RTTNews | 12 days ago
New Zealand Services Index Slumps In March - BusinessNZ
The services sector in New Zealand fell into contraction territory in March, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 47.5.
RTTNews | 14 days ago
New Zealand Food Prices Rise 0.7% On Year In March
Food prices in New Zealand were up 0.7 percent on year in March, Statistics New Zealand said on Friday - slowing from 2.1 percent in February.
RTTNews | 17 days ago
