Labour Costs in New Zealand rose to a record high of 1427 points in the second quarter of 2025 from 1418 points in the first quarter of 2025. Labour Costs in New Zealand averaged 995.99 points from 1992 until 2025, reaching an all time high of 1427.00 points in the second quarter of 2025 and a record low of 706.43 points in the fourth quarter of 1992. source: Statistics New Zealand

Labour Costs in New Zealand is expected to be 1432.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Labour Costs is projected to trend around 1463.00 points in 2026 and 1495.00 points in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-05-06 10:45 PM
Labour Costs Index QoQ
Q1 0.4% 0.6% 0.5% 0.5%
2025-08-05 10:45 PM
Labour Costs Index QoQ
Q2 0.6% 0.4% 0.6% 0.5%


Related Last Previous Unit Reference
Employed Persons 2882.00 2884.00 Thousand Jun 2025
Employment Change -0.10 0.10 percent Jun 2025
Employment Rate 66.80 67.10 percent Jun 2025
Full Time Employment 2295.00 2293.00 Thousand Jun 2025
Participation Rate 70.50 70.80 percent Jun 2025
Labour Costs Index 1427.00 1418.00 points Jun 2025
Part Time Employment 584.00 592.00 Thousand Jun 2025
Population 5.36 5.31 Million Dec 2024
Productivity 126.29 126.81 points Dec 2023
Unemployed Persons 158.00 156.00 Thousand Jun 2025
Unemployment Rate 5.20 5.10 percent Jun 2025
Wages 43.47 42.85 NZD/Hour Jun 2025
Wages in Manufacturing 40.02 39.49 NZD/Hour Jun 2025
Youth Unemployment Rate 12.90 12.90 percent Jun 2025

New Zealand Labour Costs
In New Zealand, the labor cost index measures changes in salary and wage rates for a fixed quantity and quality of labor input.
Actual Previous Highest Lowest Dates Unit Frequency
1427.00 1418.00 1427.00 706.43 1992 - 2025 points Quarterly
2009Q2=1000, NSA