ABS provided data on Australia’s Wage Price Index
According to the data provided by the Australian Bureau of Statistics, Australian seasonally adjusted Wage Price Index (WPI) increased by 0.8% in December quarter 2022, and 3.3% annually.
Over the quarter, Australia’s private sector wage growth rate was 0.8%, slightly higher than the public sector of 0.7%. However, in line with the September quarter 2022, annually, wage growth in the private sector was 3.6%, which was remained considerably higher than the public sector of 2.5%.
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
ABS provided data on Australia’s Wage Price Index
According to the data provided by the Australian Bureau of Statistics, Australian seasonally adjusted Wage Price Index (WPI) increased by 0.8% in December quarter 2022, and 3.3% annually.
Over the quarter, Australia’s private sector wage growth rate was 0.8%, slightly higher than the public sector of 0.7%. However, in line with the September quarter 2022, annually, wage growth in the private sector was 3.6%, which was remained considerably higher than the public sector of 2.5%.
Recent Latest News