Labour Cost Index (Salary and Wage Rates): March 2011 quarter

Embargoed until 10:45am  –  03 May 2011
Media release  – 
Wage rates grow 1.9 percent

Highlights

In the March 2011 quarter, salary and wage rates (including overtime) rose 0.5 percent.

In the year to the March 2011 quarter:

  • Salary and wage rates (including overtime) increased 1.9 percent.
  • Overtime wage rates increased 2.1 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 0.4 1.8 0.5 1.9
Public sector 0.5 1.4 0.5 1.4
Private sector 0.4 2.0 0.4 2.0

 

 Graph, All salary and wage rates, percentage change from the same quarter of previous year.
Geoff Bascand  3 May 2011 
Government Statistician  ISSN 1178-0525