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Wage Price Index, Australia March 2024
Key statistics: • The seasonally adjusted WPI rose 0.8% this quarter and 4.1% over the year. • The private sector rose 0.8% and the public sector rose 0.5%, seasonally adjusted for the quarter. • The largest industry contributors to quarterly wage growth were Professional, scientific and technical services (0.7%), Education and training (0.8%), and Construction (0.7%). Main features: All sector WPI, quarterly and annual movement (%), seasonally adjusted: chart Wage Price Index (WPI) Total hourly rates of pay excluding bonuses: table Overview Seasonally adjusted, wages grew 0.8% in the March quarter 2024. In ... (full story)