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CONSUMER PRICE INDEX (ALL GROUPS), Change from same quarter previous year
Perth's CPI rose 4.5% through the year to June quarter 2008, following increases of 3.0% for the year to December quarter 2007 and 4.3% for the year to March quarter 2008. Perth's annual CPI growth equalled the nation's CPI rise of 4.5% and was second highest among Australian capital cities, behind Brisbane (5.1%). The main drivers of Perth's CPI growth during the year were Automotive fuel (up 17.8%), Deposit and loan facilities (up 15.8%), Rents (up 12.5%) and House purchase (up 2.1%). Offsetting these rises were declining prices in Audio, visual and computing equipment (down 14.6% ), Child care (down 27.0% ) and Motor vehicles (down 2.3%).
WAGE PRICE INDEX
Western Australia's Wage Price Index (WPI) of total hourly rates of pay (excluding bonuses) for all sectors rose 1.4% in the June quarter 2008, following growth rates of 1.3% and 1.0% in the December quarter 2007 and March quarter 2008 respectively. In the current quarter, private sector wage prices increased 1.6%, double that of the public sector wage price rise (0.8%). Western Australia's all sector WPI growth of 1.4% in the June quarter 2008 was higher than the Australian WPI growth of 0.9% and was second highest among other states and territories, behind Northern Territory (1.7%).
WAGE PRICE INDEX, Change from same quarter previous year
Western Australia's all sectors WPI grew 5.6% through the year to June quarter 2008, slightly lower than the rate of 5.9% recorded in the previous period. However, the rate was much higher than the Australian WPI growth (4.2%). Strong growth in wage prices in the state were in the industries of Mining ( 9.0%), Construction ( 7.8%) and Transport and storage (6.5%). From an occupation perspective, wage prices growth was strong for Tradespersons and related workers (8.0%), Labourers and related workers (6.2%) and Professionals and Intermediate production and transport workers (both 5.8%).
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