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Wage Price Index by Country
Latest released Wage Price Index value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.
/api/v1/announcements/{currency}/wage_price_index. Non-USD endpoints require an API key query parameter.| Country / Currency | Latest | Previous | Change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|
|
Australia
AUD · Australian Dollar
|
3.3
|
3.4
|
▼ -0.1 | Quarterly | %YoY | ABS |
What is Wage Price Index?
The Wage Price Index (WPI) is the Australian Bureau of Statistics' headline wage measure. It tracks the change in hourly wage rates for a fixed quality and quantity of labour, removing composition effects.
Why it matters for FX
WPI is the wage measure the RBA cites in its policy framework. Surprises in the quarterly print directly reprice the RBA path and move AUD on release. Sustained wage growth above the level consistent with the 2-3 percent inflation target keeps the RBA hawkish.
How to read this page
Watch year-over-year change vs the RBA's implicit comfort zone (around 3.5-4.0 percent given productivity). Public-sector vs private-sector split matters for sustainability.
What to watch for
- Year-over-year change vs RBA comfort zone
- Public vs private wage growth split
- Quarterly annualised run rate
- Cross-check with trimmed-mean inflation
- Enterprise-bargaining settlement trends
AI Answer-Ready
Key Facts
- Page
- Wage Price Index
- Section
- Indicators
- Canonical URL
- https://fxmacrodata.com/indicators/wage_price_index
- Source
- FXMacroData editorial and official publisher references
- Last Updated
- See page metadata
Provenance And Trust
Cite the canonical URL and source field above. Where available, this page maps to official publisher releases and timestamped updates.
Quick Q&A
What is this page about? This page explains Wage Price Index with directly usable context for trading, research, and API workflows.
What source should be cited? Use the canonical URL and the listed source field; cite official publisher references when available.
How fresh is this content? The last updated value above reflects the page metadata or latest available data timestamp.
Can this be used in AI assistants? Yes. This section is intentionally structured for retrieval and citation in chat assistants.
Prompt Packs
Use these in ChatGPT, Claude, Gemini, Mistral, Perplexity, or Grok for consistent source-aware outputs.