Investing.com - New Zealand’s labor cost index rose more-than-expected in the last quarter, official data showed on Tuesday.
In a report, Statistics New Zealand said that N.Z. labor cost index rose to a seasonally adjusted 0.6%, from 0.3% in the prior quarter.
Analysts had expected N.Z. labor cost index to rise to 0.4% in the last quarter.
In a report, Statistics New Zealand said that N.Z. labor cost index rose to a seasonally adjusted 0.6%, from 0.3% in the prior quarter.
Analysts had expected N.Z. labor cost index to rise to 0.4% in the last quarter.