AR021 Cost of international air transport vs salaries and wages

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Although there have been some bumps along the way, mostly corresponding to changes in the price of jet fuel (see AR022), the cost of international travel has not changed much over the past two decades. Relative to salary and wage rates, international air travel has become more affordable.

 

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Core dashboard information

Definition

Consumers Price Index for international air travel (June 2017 quarter = 1000)
Labour Cost Index for all sectors combined, all salary and wage rates (June 2017 quarter = 1000)

Nature of data

 Quantitative
Primary source

Stats NZ Infoshare -- CPI013AA (for international air travel) and LCI028 (for salaries and wages)
Custodian of data

Statistics NZ
URL http://archive.stats.govt.nz/infoshare/SearchPage.aspx
Data on cost of international air travel can be found by clicking the 'Browse' tab, then selecting Economic Indicators->Consumers Price Index-> CPI Level 3 Classes for New Zealand (Qrtly-Mar/Jun/Sep/Dec), then choosing “International air transport" on the menu of NZHEC classes.
Data on the cost of salaries and wages can be found by clicking the 'Browse' tab, then selecting Labour Cost Index - LCI->All Sectors Combined, All Salary and Wage Rates (Base: June 2017 qtr (=1000)) (Qrtly-Mar/Jun/Sep/Dec).
Frequency Quarterly
Disaggregation National
Quality of the data

Reliable - there is a 3 month time lag
Next Update March, June, September and December
   

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