In March quarter 2022 the seasonally adjusted WPI: • Rose 0.7% this quarter and 2.4% over the year. • The private sector rose 0.7% and the public sector rose 0.6%. Wage Price Index (WPI) Total hourly rates of pay excluding bonuses: {tables} Overview: Wages grew by 2.4% over the year to March quarter 2022, with the annual rate of growth rising in each of the last five quarters from a low point of 1.4% in December quarter 2020. {chart} Overview: Wage rises across the private sector were the main driver of wage growth over the quarter. Private sector wages grew by 0.7% for the quarter while public sector wages grew by ... (full story)