Quarterly report, the last quarter's Data is released in the second month of each quarter

Statistics new Zealand announced that labor costs refer to the fees and funds paid by enterprises (units) for labor, labor objects, labor means, and hiring social labor. The input of production factors constitutes labor costs and is the main component of the labor accounting system. part. Labor cost refers to the expenses paid by an enterprise (unit) for employing social labor. Analyzing changes in labor costs can help analyze the Relation between labor supply and demand and even the overall economic performance.

new Zealand Labor Cost Index(YoY)(Q4)