Key statistics: In December quarter 2020 the seasonally adjusted WPI: • Rose 0.6%. • Rose 1.4% over the year. • For the private sector rose 0.7% and for the public sector rose 0.3% in the quarter. {tables} Following an extended period of subdued wage growth the annual rate has remained at a record low rate for the second quarter in a row. Wage growth by sector Through the year to December quarter 2020, seasonally adjusted: • Private sector rose 1.4%. • Public sector rose 1.6%. {tables} Contributions of the different methods of setting pay towards wage growth have changed over time, reflecting in some part the ... (full story)