New Zealand second quarter labor cost index year-on-year

Statistics New Zealand announced the New Zealand second quarter labor cost index year-on-year on 2025-08-05. The reported figure stands at 2.2%, against a forecast of 2.3%, with the prior figure recorded as 2.5%.

Regarding the New Zealand second quarter labor cost index year-on-year, Reserve, The Labor Cost Index is a quarterly indicator compiled by Statistics New Zealand, measuring the average price changes of labor (excluding overtime) for the current quarter. The Labor Cost Index reflects the trend of inflation and production costs for the season.

This data holds an importance level of , calculated using The New Zealand Statistics Department will randomly select a certain number of employees from the private and public sectors in New Zealand as a sample to ensure the sample's representativeness. Then, the salary data of these sampled employees will be collected regularly, and updates Monthly.

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