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Story: Prices and inflation

Labour cost index, 1993–2008

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This graph compares changes in the cost of labour with changes in the price of outputs produced by businesses, and in the consumer price index. The labour cost changed more slowly and for the whole period it rose slightly less than the other two indices.

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Te Ara - The Encyclopedia of New Zealand

Source: Reserve Bank of New Zealand

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How to cite this page

Adolf Stroombergen, Prices and inflation – Price of labour and capital, Te Ara – the Encyclopedia of New Zealand, https://teara.govt.nz/en/graph/23097/labour-cost-index-1993-2008 (accessed 4 June 2026).

Story by Adolf Stroombergen, published 15 February 2010.