Labour Costs in New Zealand increased to 1434 points in the third quarter of 2025 from 1427 points in the second quarter of 2025. Labour Costs in New Zealand averaged 999.31 points from 1992 until 2025, reaching an all time high of 1434.00 points in the third 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 1444.00 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 1493.00 points in 2027 and 1526.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-11-04 09:45 PM
Labour Costs Index QoQ
Q3 0.5% 0.6% 0.4% 0.5%
2026-02-03 09:45 PM
Labour Costs Index QoQ
Q4 0.4% 0.5% 0.5% 0.5%


Related Last Previous Unit Reference
Employed Persons 2886.00 2872.00 Thousand Dec 2025
Employment Change 0.50 0.00 percent Dec 2025
Employment Rate 66.70 66.60 percent Dec 2025
Full Time Employment 2299.00 2293.00 Thousand Dec 2025
Participation Rate 70.50 70.30 percent Dec 2025
Labour Costs Index 1434.00 1427.00 points Sep 2025
Part Time Employment 586.00 581.00 Thousand Dec 2025
Population 5.34 5.31 Million Dec 2025
Productivity 1376.00 1385.00 points Dec 2024
Unemployed Persons 165.00 161.00 Thousand Dec 2025
Unemployment Rate 5.40 5.30 percent Dec 2025
Wages 44.08 43.68 NZD/Hour Dec 2025
Wages in Manufacturing 40.54 40.65 NZD/Hour Dec 2025
Youth Unemployment Rate 13.20 13.70 percent Dec 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
1434.00 1427.00 1434.00 706.43 1992 - 2025 points Quarterly
2009Q2=1000, NSA