Wage price indices measure changes in wages and salaries (excluding bonuses) for employee jobs within a representative sample unaffected by changes in work quality or quantity. This note looks at the most recent quarterly and annual changes in domestic wage price indices for individual industries and states.
- 13 May 2026 Wages - Q1 2026
The wage price index increased a seasonally adjusted 0.8% in Q1 2026, in line with market expectations and the same as in the previous quarter. The annual rate of wages growth slowed by 0.1ppts to 3.3%, as expected; this is the smallest annual wage gain since Q4 2024.
- 18 Feb 2026 Wages - Q4 2025
The wage price index increased a seasonally adjusted 0.8% in Q4 2025, in line with market expectations and same as in the previous quarter. The annual rate of wages growth accelerated slightly, to 3.4%.
- 19 Nov 2025 Wages - Q3 2025
The wage price index increased by a seasonally adjusted 0.8% in Q3 2025, in line with market expectations and same as in the previous quarter. The annual rate of wages growth was steady at 3.4%, as expected. This came as a faster rise in public sector wages was offset by slowdown in private sector wage growth.
- 13 Aug 2025 Wages - Q2 2025
The wage price index, measuring total hourly rates of pay excluding bonuses, increased a seasonally adjusted 0.8% in Q2 2025, which was in line with market expectations. The annual rate of wages growth was steady at 3.4%, against market expectations of a 0.1ppts deceleration to 3.3%.
- 14 May 2025 Wages - Q1 2025
The wage price index, measuring total hourly rates of pay excluding bonuses, rose a seasonally adjusted 0.9% in Q1 2025 (mkt exp 0.8%), the fastest quarterly rise since Q4 2023.
- 19 Feb 2025 Wages - Q4 2024
The wage price index increased by a seasonally adjusted 0.7% in Q4 2024, slightly less than the 0.9% expected by markets and the least since Q1 2022. The annual rate of wages growth decelerated to 3.2%, the weakest in over two years.
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