Labour Cost Index (Salary and Wage Rates): June 2012 quarter

Embargoed until 10:45am  –  07 August 2012
Media release  – 
Wage rates grow 2.0 percent

Key facts

In the June 2012 quarter, salary and wage rates (including overtime) rose 0.4 percent.

In the year to the June 2012 quarter:

  • Salary and wage rates (including overtime) increased 2.0 percent.
  • Overtime wage rates increased 2.3 percent.
  • Private sector salary and ordinary time wage rates increased 2.1 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 0.5 2.0 0.4 2.0
Public sector 0.3 1.6 0.3 1.6
Private sector         0.5 2.1 0.5 2.1

 

 

Graph, All salary and wage rates, percentage change same quarter of previous year, June 2007 quarter to June 2012 quarter.
Geoff Bascand
Government Statistician

7 August 2012
ISSN 1178-0525