Labor Cost Index q/q - economic news from New Zealand

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	Low	0.9%	0.9%	0.8%
Last release	Importance	Actual	Forecast	Previous

Labor Cost Index q/q indicates changes in the labor costs paid by employers during the given quarter compared to the previous one. It is calculated as the ratio of a single employee labor cost to labor productivity (defined as GDP per one employed person). The indicator allows evaluating inflation and forecasting the growth in consumer spending.

Last values:

actual data

forecast

The chart of the entire available history of the "New Zealand Labor Cost Index q/q" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)

Reference

Actual

Forecast

2 Q 2024

0.9%

0.8%

1 Q 2024

0.9%

1.0%

4 Q 2023

1.0%

0.8%

3 Q 2023

1.0%

1.1%

2 Q 2023

1.0%

0.9%

1 Q 2023

1.2%

1.1%

4 Q 2022

1.3%

1.1%

3 Q 2022

0.6%

1.3%

2 Q 2022

0.6%

0.7%

1 Q 2022

0.5%

0.7%

4 Q 2021

0.6%

0.7%

3 Q 2021

0.5%

0.9%

2 Q 2021

0.5%

0.4%

1 Q 2021

0.5%

4 Q 2020

0.5%

0.4%

3 Q 2020

0.5%

0.2%

2 Q 2020

0.6%

0.3%

1 Q 2020

0.6%

4 Q 2019

0.8%

0.6%

3 Q 2019

0.2%

0.8%

2 Q 2019

0.5%

0.3%

1 Q 2019

0.5%

4 Q 2018

0.1%

0.5%

3 Q 2018

0.6%

2 Q 2018

0.3%

1 Q 2018

0.4%

4 Q 2017

0.7%

3 Q 2017

0.4%

2 Q 2017

0.4%

1 Q 2017

0.4%

4 Q 2016

0.4%

3 Q 2016

0.4%

2 Q 2016

0.4%

1 Q 2016

0.4%

4 Q 2015

0.4%

3 Q 2015

0.5%

2 Q 2015

0.3%

1 Q 2015

0.5%

4 Q 2014

0.5%

3 Q 2014

0.6%

2 Q 2014

0.3%

1 Q 2014

0.6%

4 Q 2013

0.4%

3 Q 2013

0.4%

2 Q 2013

0.4%

1 Q 2013

0.5%

4 Q 2012

0.5%

3 Q 2012

0.5%

2 Q 2012

0.5%

1 Q 2012

0.7%

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