The typical/expected impact on NZD pairs is medium.
The most recent announced value for Business NZ PMI was 56.5.
Recent economic data has been strongly bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Business NZ PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Employment Change | Bullish change | -0.3% | -0.1% | ||
| Labour Cost Index (QoQ) | Bearish change | 0.7% | 0.4% | ||
| Participation Rate | Bearish change | 70.6% | 70.4% | ||
| Unemployment Rate | Bearish change | 5.6% | 5.7% | ||
| Building Permits s.a. (MoM) | Bearish change | 5.6% | -7.9% | ||
| RBNZ Interest Rate Decision | (no change) | 2.75% | 2.75% | ||
| Consumer Price Index (QoQ) | Bearish change | 1.5% | 0.7% | ||
| Consumer Price Index (YoY) | Bearish change | 4.1% | 3.7% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Business NZ |
| Category: | Economic Activity |
| Frequency: | Monthly |