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New Zealand Labour Costs Index QoQ (Q4) Q/Q 0.4% vs. Exp. 0.5% (Prev. 0.5%, Low. 0.4%, High. 0.6%)

The New Zealand Labour Costs Index showed a QoQ increase of 0.4%, slightly missing expectations of 0.5%.

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New Zealand Labour Costs Index QoQ (Q4) Q/Q 0.4% vs. Exp. 0.5% (Prev. 0.5%, Low. 0.4%, High. 0.6%)

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Context

This small disappointment could suggest softer wage pressures, which may influence the Reserve Bank of New Zealand's policy outlook and have implications for the NZD in both the forex and broader market context.

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