The Wage Price Index (WPI) QoQ in Australia measures the quarterly change in wages and salaries paid to civilian workers, reflecting the cost pressures from the labor market.-2024-02-20

Between March 2024 and March 2025, wages in Australia declined by around 0.6 percent. Wage growth in recent years has been relatively low in comparison to previous years, in particular in December 2020, which only saw a wage growth of 1.3%. Inflation and CPI outstripping wages While wages have increased in Australia, they have still not matched the rate of inflation, which was sitting at 2.4 percent at the end of 2024, down from a high of 7.8 percent at the end of 2022. The high cost of goods has also put pressure on the public, with the Consumer Price Index standing at around 139.4 points, compared to a base year of 2011-12. Rent is on the rise As with many around the world, Australians are also feeling the costs of rent increases. The majority of people in Australia perceive that the cost of rent has risen significantly in their local area. This in turn has seen the government expenditure on rental assistance continue to be high, with around 4.7 billion Australian dollars spent to assist the Australian public in maintaining their housing needs.

Wages in Australia increased 3.40 percent in September of 2025 over the same month in the previous year. This dataset provides - Australia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in the United States increased 4.86 percent in August of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Wages and Salaries Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wage Price Index: excl Bonuses: Public Sector: South Australia data was reported at 150.200 2008-2009=100 in Dec 2024. This records an increase from the previous number of 149.500 2008-2009=100 for Sep 2024. Wage Price Index: excl Bonuses: Public Sector: South Australia data is updated quarterly, averaging 107.750 2008-2009=100 from Sep 1997 (Median) to Dec 2024, with 110 observations. The data reached an all-time high of 150.200 2008-2009=100 in Dec 2024 and a record low of 64.500 2008-2009=100 in Sep 1997. Wage Price Index: excl Bonuses: Public Sector: South Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G091: Wage Price Index: ANZSIC 2006: 2008-09=100: Excluding Bonuses: by Sector and State.

In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.

Wage Price Index: excl Bonuses: South Australia data was reported at 154.200 2008-2009=100 in Dec 2024. This records an increase from the previous number of 153.200 2008-2009=100 for Sep 2024. Wage Price Index: excl Bonuses: South Australia data is updated quarterly, averaging 107.100 2008-2009=100 from Sep 1997 (Median) to Dec 2024, with 110 observations. The data reached an all-time high of 154.200 2008-2009=100 in Dec 2024 and a record low of 66.900 2008-2009=100 in Sep 1997. Wage Price Index: excl Bonuses: South Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G091: Wage Price Index: ANZSIC 2006: 2008-09=100: Excluding Bonuses: by Sector and State.

This table provides information on labour price developments, i.e. the development of wage costs per hour worked by employees, corrected for changes in the personnel structure. The labor price index divides the total increase in wage costs per hour worked into a price component and a structural effect.

Data available from: 2001

Status of the figures: Data from 2001 up to and including 2022 are final. The figures concerning 2023 and 2024 are provisional.

Changes as of October 30th 2025: Compared to the previous version, the results for the reporting period of the year 2024 have been updated, and the figures for the second quarter of 2025 have been added.

When will new figures become available? New figures are published three to four months after the end of the reference period.

In the three months to August 2025, average weekly earnings in the United Kingdom grew by 4.7 percent. In the same month, the inflation rate for the Consumer Price Index was 3.8 percent, indicating that wages were rising faster than prices that month. Average salaries in the UK In 2024, the average salary for full-time workers in the UK was 37,430 British pounds a year, up from 34,963 in the previous year. In London, the average annual salary was far higher than the rest of the country, at 47,455 pounds per year, compared with just 32,960 in North East England. There also still exists a noticeable gender pay gap in the UK, which was seven percent for full-time workers in 2024, down from 7.5 percent in 2023. Lastly, the monthly earnings of the top one percent in the UK was 15,887 pounds as of November 2024, far higher than even that of the average for the top five percent, who earned 7,641 pounds per month, while pay for the lowest 10 percent of earners was just 805 pounds per month. Waves of industrial action in the UK One of the main consequences of high inflation and low wage growth throughout 2022 and 2023 was an increase in industrial action in the UK. In December 2022, for example, there were approximately 830,000 working days lost due to labor disputes. Throughout this month, workers across various industry sectors were involved in industrial disputes, such as nurses, train drivers, and driving instructors. Many of the workers who took part in strikes were part of the UK's public sector, which saw far weaker wage growth than that of the private sector throughout 2022. Widespread industrial action continued into 2023, with approximately 303,000 workers involved in industrial disputes in March 2023. There was far less industrial action by 2024, however, due to settlements in many of the disputes, although some are ongoing as of 2025.

Graph and download economic data for Employment Cost Index: Wages and Salaries: Private Industry Workers (ECIWAG) from Q1 2001 to Q2 2025 about cost, ECI, salaries, workers, private industries, wages, private, employment, industry, inflation, indexes, and USA.

The Wage Price Index YoY in Australia measures the annual change in wages and salaries paid to employees, reflecting the inflationary pressures from the labor market.-2024-02-20

Australia Wage Price Index: excl Bonuses: Ordinary Time: Queensland data was reported at 155.600 2008-2009=100 in Dec 2024. This records an increase from the previous number of 154.600 2008-2009=100 for Sep 2024. Australia Wage Price Index: excl Bonuses: Ordinary Time: Queensland data is updated quarterly, averaging 108.150 2008-2009=100 from Sep 1997 (Median) to Dec 2024, with 110 observations. The data reached an all-time high of 155.600 2008-2009=100 in Dec 2024 and a record low of 66.500 2008-2009=100 in Sep 1997. Australia Wage Price Index: excl Bonuses: Ordinary Time: Queensland data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G092: Wage Price Index: ANZSIC 2006: 2008-09=100: Excluding Bonuses: Ordinary Time: by State.

When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2024 dollars this increases to 13.05 U.S. dollars. This is a significant difference from the federal minimum wage in 2024 of 7.25 U.S. dollars.

The Wage Price Index YoY in Australia measures the annual change in wages and salaries paid to employees, reflecting the inflationary pressures from the labor market.-2024-11-12

Australia Wage Price Index: excl Bonuses: Ordinary Time: Other Services data was reported at 151.600 2008-2009=100 in Dec 2024. This records an increase from the previous number of 150.800 2008-2009=100 for Sep 2024. Australia Wage Price Index: excl Bonuses: Ordinary Time: Other Services data is updated quarterly, averaging 106.500 2008-2009=100 from Sep 1997 (Median) to Dec 2024, with 110 observations. The data reached an all-time high of 151.600 2008-2009=100 in Dec 2024 and a record low of 71.100 2008-2009=100 in Sep 1997. Australia Wage Price Index: excl Bonuses: Ordinary Time: Other Services data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G093: Wage Price Index: ANZSIC 2006: 2008-09=100: Excluding Bonuses: Ordinary Time: by Sector and Industry.

Wages in the United Kingdom increased 4.80 percent in September of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United Kingdom Average Weekly Earnings Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages in the United States increased to 31.46 USD/Hour in August from 31.34 USD/Hour in July of 2025. This dataset provides - United States Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the U.S. Consumer Price Index was 309.42, and is projected to increase to 352.27 by 2029. The base period was 1982-84. The monthly CPI for all urban consumers in the U.S. can be accessed here. After a time of high inflation, the U.S. inflation rateis projected fall to two percent by 2027. United States Consumer Price Index ForecastIt is projected that the CPI will continue to rise year over year, reaching 325.6 in 2027. The Consumer Price Index of all urban consumers in previous years was lower, and has risen every year since 1992, except in 2009, when the CPI went from 215.30 in 2008 to 214.54 in 2009. The monthly unadjusted Consumer Price Index was 296.17 for the month of August in 2022. The U.S. CPI measures changes in the price of consumer goods and services purchased by households and is thought to reflect inflation in the U.S. as well as the health of the economy. The U.S. Bureau of Labor Statistics calculates the CPI and defines it as, "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." The BLS records the price of thousands of goods and services month by month. They consider goods and services within eight main categories: food and beverage, housing, apparel, transportation, medical care, recreation, education, and other goods and services. They aggregate the data collected in order to compare how much it would cost a consumer to buy the same market basket of goods and services within one month or one year compared with the previous month or year. Given that the CPI is used to calculate U.S. inflation, the CPI influences the annual adjustments of many financial institutions in the United States, both private and public. Wages, social security payments, and pensions are all affected by the CPI.

Australia Wage Price Index: excl Bonuses: Ordinary Time: Tasmania data was reported at 157.900 2008-2009=100 in Dec 2024. This records an increase from the previous number of 157.000 2008-2009=100 for Sep 2024. Australia Wage Price Index: excl Bonuses: Ordinary Time: Tasmania data is updated quarterly, averaging 108.200 2008-2009=100 from Sep 1997 (Median) to Dec 2024, with 110 observations. The data reached an all-time high of 157.900 2008-2009=100 in Dec 2024 and a record low of 67.900 2008-2009=100 in Sep 1997. Australia Wage Price Index: excl Bonuses: Ordinary Time: Tasmania data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G092: Wage Price Index: ANZSIC 2006: 2008-09=100: Excluding Bonuses: Ordinary Time: by State.

The Wage Price Index YoY in Australia measures the annual change in wages and salaries paid to employees, reflecting the inflationary pressures from the labor market.-2024-05-14