New Zealand's Labor Cost Index Quarterly Rate for the First Quarter

Statistics New Zealand announced the New Zealand's Labor Cost Index Quarterly Rate for the First Quarter on 2025-05-06. The reported figure stands at 0.4%, against a forecast of 0.5%, with the prior figure recorded as 0.60%.

Regarding the New Zealand's Labor Cost Index Quarterly Rate for the First Quarter, Reserve, The Labor Cost Index is a quarterly indicator compiled by Statistics New Zealand that measures the average price changes of labor (excluding overtime) for the current quarter. The Labor Cost Index reflects the trend of inflation and production costs for the season.

This data holds an importance level of , calculated using Statistics New Zealand will randomly select a certain number of employees from both the private and public sectors in New Zealand as a sample to ensure the representativeness of the sample. Then, regular salary data will be collected from these sampled employees, and updates monthly.

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