Bloomberg News

New Zealand Private Wages Ex-Overtime Rose 0.5% Last Quarter

October 31, 2011

Nov. 1 (Bloomberg) -- Wages in New Zealand for non- governmental workers excluding overtime advanced 0.5 percent in the third quarter from the prior three months, according to Statistics New Zealand’s labor cost index released in Wellington today. The median forecast in a Bloomberg News survey of 10 economists was for a 0.5 percent rise.

To contact the reporter on this story: Tracy Withers in Wellington at twithers@bloomberg.net

To contact the editor responsible for this story: Michael Heath at mheath1@bloomberg.net


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