New Zealand Law Society - Legal services prices up 0.5% in June quarter

Legal services prices up 0.5% in June quarter

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Statistics New Zealand's producer price index shows that the price of legal services increased by 0.5% in the June 2016 quarter.

This was slightly behind the 0.6% increase in the June 2015 quarter and well behind the 1.9% increase in the June 2014 quarter.

Over the year to 30 June 2016, legal services prices rose by 1.9%, compared to a 2.2% rise in the year to 30 June 2015.

Prices for professional services - Increase

Services provided June 2016 quarter June 2015 quarter June 2014 quarter Year to 30 June 2016
Legal services 0.5% 0.6% 1.9% 1.9%
Accounting services 1.8% 0.6% 0.5% 2.9%
Veterinary services 0.3% 0.2% 0.2% 1.3%