The wage price index in Australia was up a seasonally adjusted 0.5 percent on quarter in the fourth quarter of 2019, the Australian Bureau of Statistics said on Wednesday – unchanged and in line with expectations.
On a yearly basis, wages advanced 2.2 percent – also unchanged and matching forecasts.
Public sector wages added 0.4 percent on quarter and 2.2 percent on year, while private sector wages gained 0.5 percent on quarter and 2.2 percent on year.
The public sector recorded the lowest change since the start of the series.
For comments and feedback contact: email@example.com
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.