AU Wage Price Index q/q
It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer;
Source changed series calculation formula as of November 2003;
- AU Wage Price Index q/q Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Aug 12, 2024 | 0.8% | 0.9% | 0.9% |
May 14, 2024 | 0.8% | 0.9% | 1.0% |
Feb 20, 2024 | 0.9% | 0.9% | 1.3% |
Nov 14, 2023 | 1.3% | 1.3% | 0.9% |
Aug 14, 2023 | 0.8% | 0.9% | 0.8% |
May 16, 2023 | 0.8% | 0.9% | 0.8% |
Feb 21, 2023 | 0.8% | 1.0% | 1.1% |
Nov 15, 2022 | 1.0% | 0.9% | 0.8% |
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- AU Wage Price Index q/q News
The seasonally adjusted WPI rose 0.8% this quarter and 4.1% over the year. • The private sector rose 0.7% and the public sector rose 0.9%, seasonally adjusted, for the quarter. • In original terms, the largest industry contributors to quarterly wages growth were Professional, scientific and technical services (0.7%), Public administration and safety (1.0%), and Construction (0.9%). Main features: All sector WPI, quarterly and annual movement (%), seasonally adjusted: chart Wage Price Index (WPI) Total hourly rates of pay excluding ...
Key statistics: • The seasonally adjusted WPI rose 0.8% this quarter and 4.1% over the year. • The private sector rose 0.8% and the public sector rose 0.5%, seasonally adjusted for the quarter. • The largest industry contributors to quarterly wage growth were Professional, scientific and technical services (0.7%), Education and training (0.8%), and Construction (0.7%). Main features: All sector WPI, quarterly and annual movement (%), seasonally adjusted: chart Wage Price Index (WPI) Total hourly rates of pay excluding bonuses: ...
Key statistics: • The seasonally adjusted WPI rose 0.9% for December quarter 2023 and 4.2% over the year. • The private sector quarterly rise was 0.9% and the public sector 1.3%, seasonally adjusted. • The industries with the largest contribution to quarterly wage growth were Health care and social assistance (1.3%) and Education and training (1.7%). What's new this quarter This issue includes: • Information about the WPI expenditure weights that have been updated in the December quarter 2023 • Updates to the Frequently Asked ...
Key statistics: In September quarter 2023, the seasonally adjusted WPI rose 1.3% for the quarter and 4.0% over the year. The quarterly rise in the private sector was 1.4% and the public sector rose 0.9%, seasonally adjusted. The industry with the most significant contribution to wage growth was Health care and social assistance (3.1%). Main features: chart Wage Price Index (WPI) Total hourly rates of pay excluding bonuses: table An overall increase in both the proportion of jobs with a wage change and the average size of those ...
In March quarter 2023, the seasonally adjusted WPI rose 0.8% this quarter and 3.7% over the year. • The private sector rose 0.8% and the public sector rose 0.9%. • The most significant industry contributors to wage growth were Education and training (1.5%) and Professional, scientific and technical services (0.9%). Main features: chart Wage Price Index (WPI) Total hourly rates of pay excluding bonuses: table An increase in the size of average hourly wage change in both the private and public sector was the main driver of wage ...
Key statistics: In December quarter 2022 the seasonally adjusted WPI: • Rose 0.8% this quarter and 3.3% over the year. • The private sector rose 0.8% and the public sector rose 0.7%. chart table Overview: Annual growth lifts across private and public sectors: Seasonally adjusted private sector wages rose 0.8% over the December quarter 2022. Through the year growth for the sector lifted to 3.6%, the highest rate recorded for the sector since September quarter 2012. Public sector wages rose 0.7% over the quarter. Although through ...
It was mostly quiet on Friday and on the weekend, with an initial push higher in yields and sell-off in equities largely reversing later in the session. Squaring and covering shorts ahead of today’s US President’s Day Holiday was cited for the reversal, as was some less hawkish messaging from the Fed’s Barkin, which talked up the merits of moving by 25bp increments, running counter to Mester and Bullard’s discussion of wanting a 50bp hike in February. The US 10yr yield at one point hit 3.93%, before more than retracing to close at ...
In September quarter 2022 the seasonally adjusted WPI: Rose 1.0% this quarter and 3.1% over the year. The private sector rose 1.2% and the public sector rose 0.6%. charts An increase in the average size of hourly wage rises in the private sector was the main driver of wages growth over the quarter. Seasonally adjusted private sector wages rose 1.2% over the September quarter 2022, the highest quarterly rate of wages growth since September quarter 2010. Through the year growth lifted to 3.4%, the highest annual rate since December ...
Released on Aug 12, 2024 |
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Released on May 14, 2024 |
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Released on Feb 20, 2024 |
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Released on Nov 14, 2023 |
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Released on May 16, 2023 |
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Released on Feb 21, 2023 |
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Released on Nov 15, 2022 |
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