Investing.com - New Zealand’s labor cost index fell unexpectedly in the last quarter, official data showed on Tuesday.
In a report, Statistics New Zealand said that N.Z. labor cost index fell to a seasonally adjusted 0.4%, from 0.5% in the preceding quarter.
Analysts had expected N.Z. labor cost index to remain unchanged at 0.5% in the last quarter.
In a report, Statistics New Zealand said that N.Z. labor cost index fell to a seasonally adjusted 0.4%, from 0.5% in the preceding quarter.
Analysts had expected N.Z. labor cost index to remain unchanged at 0.5% in the last quarter.