Australian Wage Price Index increased by 0.5%

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Wednesday, May 17 2017

Australian Wage Price Index increased by 0.5%

The trend and seasonally adjusted indexes for Australia both rose 0.5% in the March quarter 2017. The WPI, seasonally adjusted, has recorded quarterly wages growth in the range of 0.4% to 0.6% for the last twelve quarters (from June quarter 2014). The Private sector rose 0.5% and the Public sector rose 0.6%, seasonally adjusted. The rises in indexes at the industry level (in original terms) ranged from 0.1% for Administrative and support services to 0.9% for Education and training.

The trend and seasonally adjusted indexes for Australia both rose 1.9% through the year to the March quarter 2017. Rises in the original indexes through the year to the March quarter 2017 at the industry level ranged from 0.6% for Mining to 2.3% for Public administration and safety, Education and training and Health care and social assistance.

More in this category: « US Industrial Production grew by 1.0% UK Unemployment Rate fell to 4.6% »

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