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Showing 21 - 30 of 66 results for "Wage Price Index"

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... end of 2018 (at least). If correct, the growth in nominal wages will continue to be eroded by inflation. The wage price index increased by 2.1% in the March quarter (the next update is on 15 August) and subtracting the recent 2.1% increase in overall ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
... also help raise company revenues. This should partially partly offset continued stagnant growth in wages - the Wage Price Index (WPI) increased by 2.1% in the year to the March 2018 quarter, unchanged similar growth rates in the December 2017 and September ...

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
... employment growth both explains the continued sluggishness in wage growth (released just the day before) - the wage price index increased by 2.1% in the year to the March quarter, unchanged from the same rate in the December and September quarters of ...

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
... at a low altitude" to "slight descent" (barely noticeable perhaps but still a descent). The breakdown in the Wage Price Index report showed private sector wages growth slowed from 1.93% to 1.92% in the March quarter but public sector wages slowed by ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
... what's currently happening in the US (3.9% unemployment rate and still tame wages growth). The Budget predicts the wage price index - up 2.1% in the December quarter - to grow by 2.25% in FY 2018-19 (still feasible) before accelerating to 2.75% the following ...

Chief economist update: Another five minutes of retail sunshine?

BENJAMIN ONG  |  FRIDAY, 6 APR 2018
... been growing slowly and debt levels are high." Last we looked, household income growth remains sluggish - the wage price index inched up to just 2.1% in the year to the December 2017 quarter from 2% in the previous quarter and not far above the record ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
... that which accounts for around two-thirds of economic activity. However, growth in wages remains sluggish. The wage price index slightly inched up to 2.1% in the year to the December 2017 quarter from 2% in the September quarter and the record low 1.9% ...

Chief economist update: Australia low on credit

BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
... Australian labour market is improving. However, the improvement is yet to translate into faster wages growth. The Wage Price Index (WPI) grew by 2.1% in the year to the December quarter, marginally above the previous quarter's 2% and not far above the ...

Chief economist update: The real growth in wages

BENJAMIN ONG  |  THURSDAY, 22 FEB 2018
... certainly welcomed but nothing to write home about. I speak about the Australian Bureau of Statistics' (ABS) Wage Price Index (WPI) report that revealed growth in total wages accelerated to 2.1% in the December quarter from 2% in the previous quarter. ...

Chief economist update: Wagering on wages

BENJAMIN ONG  |  WEDNESDAY, 21 FEB 2018
... economy has run faster, slower or continue to mark time when the Australian Bureau of Statistics (ABS) releases its Wage Price Index report for the December 2017 quarter today. Consensus expectations are for annual growth in wages to remain unchanged ...