Australia Wage Price Index for Q4 2021
+0.7% q/q in line with the central estimates
expected 0.7% q/q, prior 0.6%
+2.3% y/y for a miss
expected 2.4% y/y, prior 2.2%
with inflation circa 3.5% real wages are well in the negative
Private sector wage growth 2.4% & public 2.1%
---
This data point is measure in the middle of each quarter. Its very likely wage growth towards the end of the quarter was higher than in the middle.
