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Labour Cost Index (Salary and Wage Rates): December 2011 quarter
Embargoed until 10:45am  –  07 February 2012
Key facts

In the December 2011 quarter, salary and wage rates (including overtime) rose 0.6 percent.

In the year to the December 2011 quarter:

  • Salary and wage rates (including overtime) increased 2.0 percent.
  • Overtime wage rates increased 2.3 percent.
  • Private sector salary and ordinary time wage rates increased 2.0 percent.
Sector Salary and ordinary time
wage rates
Percentage change
All salary and wage rates
(including overtime)
Percentage change
From previous
quarter
From previous
year
From previous
quarter
From previous
year
All sectors 0.6 2.0 0.6 2.0
Public sector 0.4 1.8 0.4 1.8
Private sector         0.7 2.0 0.7 2.0

 Graph, All salary and wage rates, percentage change from same quarter of previous year, December 2006 to December 2011.

Geoff Bascand
Government Statistician

7 February 2012
ISSN 1178-0525

 

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