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Labour Cost Index (Salary and Wage Rates): March 2014 quarter
Embargoed until 10:45am  –  07 May 2014
Key facts

In the March 2014 quarter, salary and wage rates (including overtime) rose 0.4 percent.

In the year to the March 2014 quarter:

  • Salary and wage rates (including overtime) increased 1.6 percent.
  • Overtime wage rates increased 2.1 percent.
  • Private sector salary and ordinary time wage rates increased 1.6 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 0.3 1.5 0.4 1.6
Public sector 0.2 1.2 0.2 1.2
Private sector         0.3 1.6 0.3 1.7

Liz MacPherson, Government Statistician
ISSN 1178-0525
7 May 2014

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