New Zealand Labour Costs Index YoY
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 |
|
|
1.0984 -85 pips |
1.1067 +2 pips |
1.10687 | |
| EURNZD |
|
|
1.8031 -254 pips |
1.8357 -72 pips |
1.82849 | |
| NZDCAD |
|
|
0.8125 -4 pips |
0.8239 -110 pips |
0.81288 | |
| NZDJPY |
|
|
85.7698 -32 pips |
88.6481 -255 pips |
86.094 | |
| NZDUSD |
|
|
0.5723 +47 pips |
0.5916 -240 pips |
0.56765 | |
| GBPNZD |
|
|
2.1617 -272 pips |
2.1459 +430 pips |
2.18894 | |
| NZDCHF |
|
|
0.5140 -4 pips |
0.5268 -124 pips |
0.51439 |
News (NZD)
New Zealand Jobless Rate Climbs To 5.1% In Q4
The unemployment rate in New Zealand came in at a seasonally adjusted 5.1 percent in the fourth quarter of 2024, Statistics New Zealand said on Wednesday - in line with expectations and up from 4.8 percent in the previous three months.
RTTNews | 2 days ago
New Zealand Building Consents Sink 5.6% In December
The total number of building permits issued in New Zealand in December was down a seasonally adjusted 5.6 percent on month in December, Statistics New Zealand said on Tuesday - coming in at 2,478.
RTTNews | 3 days ago
New Zealand Inflation Climbs 2.2% On Year In Q4
Consumer prices in New Zealand were up 2.2 percent on year in the fourth quarter of 2024, Statistics New Zealand said on Wednesday.
RTTNews | 16 days ago
