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Labour Cost Index (Salary and Wage Rates): June 2014 quarter
Embargoed until 10:45am  –  06 August 2014
Key facts

In the June 2014 quarter, salary and wage rates (including overtime) rose 0.5 percent.

In the year to the June 2014 quarter:

  • Salary and wage rates (including overtime) increased 1.7 percent.
  • Overtime wage rates increased 2.3 percent.
  • Private sector salary and ordinary time wage rates increased 1.8 percent.
  • An increase in the minimum wage influenced the June 2014 quarter results.
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 0.5 1.6 0.5 1.7
Public sector 0.3 1.2 0.3 1.2
Private sector 0.6 1.8 0.6 1.8

Liz MacPherson, Government Statistician
ISSN 1178-0525
6 August 2014

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