Market Analysis

New Zealand average hourly wage seasonally adjusted for the first quarter

Statistics New Zealand announced the New Zealand average hourly wage seasonally adjusted for the first quarter on 2025-05-06. with the prior figure recorded as 1.30%.

Regarding the New Zealand average hourly wage seasonally adjusted for the first quarter, Reserve, The wage price index refers to a wage system in which workers' monetary wages fluctuate with the price index, automatically adjusting income according to the price index. The purpose of wage indexation is to eliminate the impact of price fluctuations on employees' wage levels under market economic conditions, implementing the principle of price compensation for the wage system, and adjusting wages accordingly based on changes in the price index, so that wage growth is higher than or at least not lower than the rise in prices.

This data holds an importance level of , calculated using Statistical variation in salary, and updates every quarter.

This content is AI-generated.Please verify before use.

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24-Hour Volume

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