Wages in New Zealand increased 2% year-on-year in the first quarter of 2026, in line with market expectations and matching the pace of the previous quarter, marking the softest increase since the first quarter of 2021. source: Statistics New Zealand
Wages in New Zealand increased 2 percent in March of 2026 over the same month in the previous year. Wage Growth in New Zealand averaged 2.20 percent from 1993 until 2026, reaching an all time high of 4.50 percent in the first quarter of 2023 and a record low of 1.20 percent in the fourth quarter of 1993. This page includes a chart with historical data for New Zealand Wage Growth. New Zealand Wage Growth - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
Wages in New Zealand increased 2 percent in March of 2026 over the same month in the previous year. Wage Growth in New Zealand is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Wage Growth is projected to trend around 2.60 percent in 2027 and 2.50 percent in 2028, according to our econometric models.