In this edition of the Data Wrap we briefly review the latest data releases in respect of construction activity, the labour market, wages and the Local Government Price Index.
Construction activity rises to record level
Data released by the ABS yesterday shows that the construction industry in South Australia remains in good health overall. The total volume […]
In this edition of the Data Wrap we take a look at key data releases over the past couple weeks that provide insight into the recent performance of the South Australian economy. Topics include the latest labour market report, wages growth, retail sales, local government price inflation, and forward indicators for the residential building sector.
In a recent post we observed that data on average weekly earnings showed that wages growth in the South Australian public sector had been outstripping wages growth in the private sector over recent years. However, we noted that caution should be exercised when using data on average weekly earnings to monitor differences in wages growth […]
SA Data Wrap – wage growth slows although employment growth remains solid, inflation faced by local government picks up
Wage growth slows in South Australia
Latest figures from the ABS indicate that the annual rate of wage growth in South Australia has continued to slow. Wages in South Australia as measured by the Wage Price Index (WPI) rose by 1.9 per cent through the year to the December quarter 2017. This annual result is the […]
SA Data Wrap – a mixed labour force report, sluggish wages growth and higher inflation for local government
South Australia records mixed labour market performance in October
South Australia’s trend unemployment rate fell to 5.6 per cent in October, down from 5.8 per cent in September. However, the improvement was partly driven by a decline in the participation rate, which fell by 0.1 percentage points to 61.9 per cent. This fall in participation explains […]