New Zealand's first quarter labor cost index year-on-year

Statistics New Zealand announced the New Zealand's first quarter labor cost index year-on-year on 2025-05-06. with the prior figure recorded as 2.9%.

Regarding the New Zealand's first quarter labor cost index year-on-year, 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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