Economic Calendar

Countries

New Zealand Labor Cost Index q/q

Country:
New Zealand
NZD, New Zealand dollar
Source:
Statistics New Zealand
Sector:
Labor
Low 1.1% 1.0%
0.9%
Last release Importance Actual Forecast
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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
Previous
2 Q 2023
1.1%
1.0%
0.9%
1 Q 2023
0.9%
1.2%
1.1%
4 Q 2022
1.1%
1.3%
1.1%
3 Q 2022
1.1%
0.6%
1.3%
2 Q 2022
1.3%
0.6%
0.7%
1 Q 2022
0.7%
0.5%
0.7%
4 Q 2021
0.7%
0.6%
0.7%
3 Q 2021
0.7%
0.5%
0.9%
2 Q 2021
0.9%
0.5%
0.4%
1 Q 2021
0.4%
0.5%
0.5%
4 Q 2020
0.5%
0.5%
0.4%
3 Q 2020
0.4%
0.5%
0.2%
2 Q 2020
0.2%
0.6%
0.3%
1 Q 2020
0.3%
0.6%
0.6%
4 Q 2019
0.6%
0.8%
0.6%
3 Q 2019
0.6%
0.2%
0.8%
2 Q 2019
0.8%
0.5%
0.3%
1 Q 2019
0.3%
0.5%
0.5%
4 Q 2018
0.5%
0.1%
0.5%
3 Q 2018
0.5%
0.6%
0.6%
2 Q 2018
0.6%
0.3%
1 Q 2018
0.3%
0.4%
4 Q 2017
0.4%
0.7%
3 Q 2017
0.7%
0.4%
2 Q 2017
0.4%
0.4%
1 Q 2017
0.4%
0.4%
4 Q 2016
0.4%
0.4%
3 Q 2016
0.4%
0.4%
2 Q 2016
0.4%
0.4%
1 Q 2016
0.4%
0.4%
4 Q 2015
0.4%
0.4%
3 Q 2015
0.4%
0.5%
2 Q 2015
0.5%
0.3%
1 Q 2015
0.3%
0.5%
4 Q 2014
0.5%
0.5%
3 Q 2014
0.5%
0.6%
2 Q 2014
0.6%
0.3%
1 Q 2014
0.3%
0.6%
4 Q 2013
0.6%
0.4%
3 Q 2013
0.4%
0.4%
2 Q 2013
0.4%
0.4%
1 Q 2013
0.4%
0.5%
4 Q 2012
0.5%
0.5%
3 Q 2012
0.5%
0.5%
2 Q 2012
0.5%
0.5%
1 Q 2012
0.5%
0.7%
4 Q 2011
0.7%
0.5%
3 Q 2011
0.5%
0.5%
2 Q 2011
0.5%
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