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.
New Zealand Labor Cost Index q/q
Last release
03 Feb 2026 21:45 GMT
Actual
0.4%
Forecast
0.5%
Previous
0.5%
Next release
05 May 2026 22:45 GMT
Actual
Coming in 7 days
Forecast
0.4%
Previous
0.4%
Date (GMT)
Reference
Actual
Forecast
Previous
02 Feb 2021
4 Q 2020
0.5%
0.5%
0.4%
03 Nov 2020
3 Q 2020
0.4%
0.5%
0.2%
04 Aug 2020
2 Q 2020
0.2%
0.6%
0.3%
05 May 2020
1 Q 2020
0.3%
0.6%
0.6%
04 Feb 2020
4 Q 2019
0.6%
0.8%
0.6%
05 Nov 2019
3 Q 2019
0.6%
0.2%
0.8%
05 Aug 2019
2 Q 2019
0.8%
0.5%
0.3%
30 Apr 2019
1 Q 2019
0.3%
0.5%
0.5%
06 Feb 2019
4 Q 2018
0.5%
0.1%
0.5%
06 Nov 2018
3 Q 2018
0.5%
0.6%
0.6%
31 Jul 2018
2 Q 2018
0.6%
—
0.3%
01 May 2018
1 Q 2018
0.3%
—
0.4%
06 Feb 2018
4 Q 2017
0.4%
—
0.7%
31 Oct 2017
3 Q 2017
0.7%
—
0.4%
01 Aug 2017
2 Q 2017
0.4%
—
0.4%
02 May 2017
1 Q 2017
0.4%
—
0.4%
31 Jan 2017
4 Q 2016
0.4%
—
0.4%
01 Nov 2016
3 Q 2016
0.4%
—
0.4%
02 Aug 2016
2 Q 2016
0.4%
—
0.4%
03 May 2016
1 Q 2016
0.4%
—
0.4%