NZD/USD is down a few tics after the data, not a lot of change.

The wages data is not indicative of a wage-price spiral in New Zealand, as such it'll not trouble the RBNZ too much. At the margin the data trims the chance of an RBNZ rate hike. The Bank has given no indication its in a hiking mood though, on hold for now.

New Zealand jobs report 01 November 2023