Prices
Recent trends in the Consumer Price Index measure of general price inflation, labour costs and residential property prices.
Inflation
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Annual and quarterly CPI inflation rates, Australia
Note: Annual rate refers to change from corresponding quarter of previous year. Headline is all groups CPI; underlying is trimmed mean.
Source: ABS, Consumer Price Index, Australia, Cat. No. 6401.0.
Labour costs
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Labour costs annual change in wage price index, total hourly rates of pay excluding bonuses (per cent)
Sector 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 Private South Australia 2.6 2.2 2.0 2.0 2.3 2.5 1.5 Australia 2.4 2.0 1.8 2.0 2.2 2.1 1.5 Public South Australia 2.5 2.5 2.5 2.2 2.1 1.7 1.8 Australia 2.6 2.5 2.4 2.4 2.5 2.3 1.5 Private and Public South Australia 2.6 2.2 2.2 2.1 2.2 2.4 1.6 Australia 2.4 2.2 2.0 2.0 2.3 2.1 1.5
Residential property prices
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Annual change in residential property price indexes
Note: Annual change refers to change from the corresponding quarter of the previous year. Data for the two most recent quarters are preliminary.
Source: ABS, Residential Property Price Indexes: Eight Capital Cities, Cat. No. 6416.0.