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 2016
4 Q 2015
0.4%
—
0.4%
03 Nov 2015
3 Q 2015
0.4%
—
0.5%
04 Aug 2015
2 Q 2015
0.5%
—
0.3%
05 May 2015
1 Q 2015
0.3%
—
0.5%
03 Feb 2015
4 Q 2014
0.5%
—
0.5%
04 Nov 2014
3 Q 2014
0.5%
—
0.6%
05 Aug 2014
2 Q 2014
0.6%
—
0.3%
06 May 2014
1 Q 2014
0.3%
—
0.6%
04 Feb 2014
4 Q 2013
0.6%
—
0.4%
05 Nov 2013
3 Q 2013
0.4%
—
0.4%
06 Aug 2013
2 Q 2013
0.4%
—
0.4%
06 May 2013
1 Q 2013
0.4%
—
0.5%
04 Feb 2013
4 Q 2012
0.5%
—
0.5%
05 Nov 2012
3 Q 2012
0.5%
—
0.5%
06 Aug 2012
2 Q 2012
0.5%
—
0.5%
01 May 2012
1 Q 2012
0.5%
—
0.7%
06 Feb 2012
4 Q 2011
0.7%
—
0.5%
31 Oct 2011
3 Q 2011
0.5%
—
0.5%
02 Aug 2011
2 Q 2011
0.5%
—
—