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Aussie wages lift just 1.5 per cent in 12 months Australian wages have lifted just 0.6 per cent over the past quarter and 1.5 per cent over the past 12 months, new data from the Wage Price Index (WPI) has revealed. Those in the private sector received slightly more (0.6 per cent) in their paypacket than those in the public sector, which lifted just 0.4 per cent. Electricity, gas, water and waste services, rental, hiring and real estate services and Arts and recreation services each recorded the lowest quarterly rise of 0.1 per cent. READ MORE: Aussie wages rose by a marginal 0.6 per cent over...

The seasonally adjusted Wage Price Index (WPI) rose 0.6 per cent in March quarter 2021 with the annual growth rate at 1.5 per cent, according to figures...

Date Time CPI rose 0.6% in March 2021 quarter: Australia The Consumer Price Index (CPI) rose 0.6 per cent in the March 2021 quarter, according to the latest data from the Australian Bureau of Statistics (ABS). Head of Prices Statistics at the ABS, Michelle Marquardt said: “Higher fuel prices, compared with the low prices seen in 2020, accounted for much of the rise in the March quarter CPI.” The most significant rises in the March quarter were automotive fuel (+8.7 per cent), medical and hospital services (+1.5 per cent), and pharmaceutical products (+5.3 per cent) due to the resetting o...

Australia Core Prices Slow to Record Low in Policy Challenge Bloomberg 37 mins ago (Bloomberg) -- Australia’s core inflation decelerated to the slowest pace on record as government programs lowered costs in the economy, highlighting the scale of the Reserve Bank’s challenge to reignite stronger price growth. Annual trimmed mean core inflation eased to 1.1% in the first quarter, the weakest reading in a series dating back to 1983, versus an estimated 1.2% gain, the Australian Bureau of Statistics said in Sydney Wednesday. The gauge, the RBA’s preferred measure, advanced 0.3% from the ...

Try refreshing your browser, or Australia Core Prices Slow to Record Low in Policy Challenge Back to video Australia’s core inflation decelerated to the slowest pace on record as government programs lowered costs in the economy, highlighting the scale of the Reserve Bank’s challenge to reignite stronger price growth. Annual trimmed mean core inflation eased to 1.1% in the first quarter, the weakest reading in a series dating back to 1983, versus an estimated 1.2% gain, the Australian Bureau of Statistics said in Sydney Wednesday. The gauge, the RBA’s preferred measure, advanced 0.3% f...