New Zealand Labour Costs Index YoY

Category: Wage Growth
Units: Percent
Labour cost index measures changes in labour costs. These costs include base salary and ordinary-time wage rates, overtime wage rates, and non-wage labour-related costs including annual leave and statutory holidays, superannuation, ACC employer premiums, medical insurance, motor vehicles available for private use and low-interest loans.
A higher than expected figure should be seen as positive (bullish) for the NZD while a lower than expected figure should be seen as negative (bearish) for the NZD.

Event Details

Impact:
Low
Country: New Zealand New Zealand
Symbol: NZD

Latest Release

Previous:
2.9%
Consensus: 2.7%
Actual:
2.5%

Next Release

No Data