Wages in Manufacturing in New Zealand increased to 29.92 NZD/Hour in the third quarter of 2018 from 29.37 NZD/Hour in the second quarter of 2018. Wages in Manufacturing in New Zealand averaged 19.91 NZD/Hour from 1989 until 2018, reaching an all time high of 29.92 NZD/Hour in the third quarter of 2018 and a record low of 12.44 NZD/Hour in the second quarter of 1989.

Wages in Manufacturing in New Zealand is expected to be 29.70 NZD/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in New Zealand to stand at 30.45 in 12 months time. In the long-term, the New Zealand Average Hourly Wages in Manufacturing is projected to trend around 34.00 NZD/Hour in 2020, according to our econometric models.

New Zealand Average Hourly Wages in Manufacturing
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New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.40 11.20 3.30 percent [+]
Employed Persons 2663.00 2633.00 2663.00 1499.00 Thousand [+]
Unemployed Persons 109.00 122.00 189.00 69.00 Thousand [+]
Employment Change 1.10 0.50 2.50 -1.80 percent [+]
Labor Force Participation Rate 71.10 70.90 71.10 63.00 percent [+]
Labour Costs 1174.00 1168.00 1174.00 700.00 Index Points [+]
Productivity 168.99 167.97 171.61 117.96 Index Points [+]
Job Vacancies 194.99 191.07 200.70 55.20 Index Points [+]
Job Advertisements 46008.12 45508.88 46008.12 14139.22 [+]
Wages 31.39 31.08 31.39 13.07 NZD/Hour [+]
Wages in Manufacturing 29.92 29.37 29.92 12.44 NZD/Hour [+]
Minimum Wages 16.50 15.75 16.50 10.25 NZD/Hour [+]
Population 4.84 4.75 4.84 2.37 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Youth Unemployment Rate 10.90 12.40 15.30 10.30 percent [+]
Part Time Employment 554.00 545.00 554.00 264.00 Thousand [+]
Employment Rate 68.30 67.80 68.30 56.40 percent [+]
Full Time Employment 2107.00 2093.00 2107.00 1177.00 Thousand [+]


New Zealand Average Hourly Wages in Manufacturing

This page provides - New Zealand Total Quarterly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Average Hourly Wages in Manufacturing - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
29.92 29.37 29.92 12.44 1989 - 2018 NZD/Hour Quarterly
Current Prices, NSA




Country Last Previous
Australia 1304.50 Jun/18
Brazil 2250.00 Oct/18
Canada 25.29 Sep/18
China 64452.00 Dec/17
France 101.60 Jun/18
Germany 114.20 Sep/18
India 347.30 Dec/14
Indonesia 2703980.52 Sep/18
Italy 113.70 Oct/18
Japan 334906.00 Oct/18
Mexico 2.30 Sep/18
Netherlands 114.60 Nov/18
Russia 40226.00 Aug/18
South Africa 17674.00 Jun/18
South Korea 4067903.00 Sep/18
Switzerland 113.10 Dec/17
Turkey 162.01 Jun/18
United Kingdom 605.00 Sep/18
United States 21.82 Nov/18


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