Breaking News

New Zealand Labor Cost Index QoQ

Latest Release

Nov 05, 2024

Actual

0.6%

Forecast

0.7%

0.9%

The Labor Cost Index measures the change in the price businesses pay for labor, excluding overtime. It is a leading indicator of consumer inflation.

A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.

Importance:

Country:

Currency: NZD

Source: Statistics New Zealand

Release Date	Time	Actual	Forecast	Previous
Nov 05, 2024 (Q3)	16:45	0.6%	0.7%	0.9%
Aug 06, 2024 (Q2)	17:45	0.9%	0.8%	0.8%
Apr 30, 2024 (Q1)	17:45	0.8%	0.8%	1.0%
Feb 06, 2024 (Q4)	16:45	1.0%	0.8%	0.8%
Oct 31, 2023 (Q3)	16:45	0.8%	1.0%	1.1%
Aug 01, 2023 (Q2)	17:45	1.1%	1.2%	0.9%

News

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N.Z. labor cost index 0.4% vs. 0.3% forecast By Investing.com - May 03, 2016

Investing.com - New Zealand’s labor cost index remained unchanged unexpectedly in the last quarter, official data showed on Tuesday.In a report, Statistics New Zealand said that N.Z. labor cost...

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