Country comparison

Wage Price Index by Country

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 compare Wage Price Index across countries?

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 the country list

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.

Supported countries

Filter by country, currency, source, cadence, or unit.

Country / Currency Frequency Unit Source History Links
Australia
AUD / Australian Dollar
Quarterly %YoY ABS History from 2010-03-31 (16.2 years)