Wage Price Index, Australia, December 2024

From abs.gov.au

The seasonally adjusted Wage Price Index (WPI) rose 0.7% this quarter. • Over the twelve months to the December quarter, the WPI rose 3.2%. • The private sector rose 0.7% and the public sector rose 0.6%, seasonally adjusted, for the quarter. • In original terms, the largest industry contributors to quarterly wages growth were Health care and social assistance (+0.6%), Manufacturing (+1.0%), and Construction (+0.7%). Seasonally adjusted, the WPI rose 0.7% this quarter. This was the equal lowest quarterly rise for the series since March quarter 2022. Annual wage growth was 3.2% in the December quarter, down from ... (full story)