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 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 Private South Australia 2.0 2.3 2.5 1.5 2.3 3.9 4.3 Australia 2.0 2.2 2.1 1.5 2.4 3.7 4.1 Public South Australia 2.2 2.1 1.7 1.8 1.6 2.6 2.5 Australia 2.4 2.5 2.3 1.5 2.1 2.7 3.8 Private and Public South Australia 2.1 2.2 2.4 1.6 2.1 3.5 4.0 Australia 2.0 2.3 2.1 1.5 2.4 3.5 4.1
Residential property prices
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Mean price of residential dwellings
Source: ABS, Total Value of Dwellings.