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New Zealand Labor Cost Index

New Zealand Labor Cost Index

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By Ed Thomas
05/11/2012 | 21:49 GMT
  • Private sector wages excluding overtime rose 0.5%
  • Private sector wages including overtime rose 0.5%
  • Average hourly earnings rose 1.4%.

Pretty much in line with expectations, slightly better on the hourly. NZD/USD trading unchanged at 0.8248/52.

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