Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The most recent announced value for Participation Rate was 70.5% against a forecast of 70.3%.
Recent economic data has been moderately bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Participation Rate result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Building Permits s.a. (MoM) | Bullish change | 2% | 2.7% | ||
| Exports | Bullish change | $6.1B | $6.63B | ||
| Imports | Bullish change | $6.7B | $6.89B | ||
| Trade Balance NZD (YoY) | Bearish change | $-2.3B | $-3B | ||
| Westpac Consumer Survey | Bearish change | 96.5 | 94.7 |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Labor Market |
| Frequency: | Quarterly |