Private sector wages and inflation - annual growth
Inflation = RBA's trimmed mean measure. Shaded area = RBA's inflation target
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0%
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Inflation
Wages
Wages
Inflation