ONLY CHARTS #635
Aus wages growth, Aus job ads, Aus SEEK salary index, NZ construction inflation
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1. Growth in Australia’s wage price index (WPI) excluding bonuses was a little softer than RBA expectations at +0.8% q/q and +3.2% y/y in Q2.
Including bonuses, WPI growth remained at +3.0% y/y.
The WPI measures growth in hourly wage rates at the job level and does not include superannuation.
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