New Zealand Labour Cost Index YoY

Labour Cost Index YoY (New Zealand) was reported at 2 in February 2026. The reading matched the market consensus of 2 exactly. This represents a decline from the previous value of 2.1. Historically, this indicator is positively correlated with NZD/USD (Bullish NZD) and positively correlated with NZD/JPY (Bullish NZD).