February 21, 2024 01:06 GMT
Australia Q4 Wage Price Index +0.9%
AUSTRALIA DATA
MNI (Singapore)
- The seasonally adjusted WPI rose 0.9% for December quarter 2023 and 4.2% over the year. The annual increase is the highest recorded since March quarter 2009.
- The private sector quarterly rise was 0.9% and the public sector 1.3%, seasonally adjusted.
- The industries with the largest contribution to quarterly wage growth were Health care and social assistance (1.3%) and Education and training (1.7%).
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