Salary and wage rates in New Zealand increased 2.1 percent for the year ending in the March quarter, Statistics NZ reported Tuesday.
The figure includes overtime.
Statistics NZ said for the quarter, rates increased 0.5 percent.
Private sector salary and wage rates increased 2.1 percent on year.
Public sector rates increased 1.6 percent on year.
The Quarterly Employment Survey showed average hourly earnings, excluding overtime, rose 3.8 percent for the year to March. Rates had risen 2.8 percent for the year to December 2011.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.