Quarterly wages growth (trend)

Private Public Private & Public

0.2

0.4

0.6

0.8

1.0

1.2%

Jun 07

Sep 07

Dec 07

Mar 08

Jun 08

Sep 08

Dec 08

Mar 09

Jun 09

Sep 09

Dec 09

Mar 10

Jun 10

Sep 10

Dec 10

Mar 11

Jun 11

Sep 11

Dec 11

Mar 12

Jun 12

Sep 12

Dec 12

Mar 13

Jun 13

Sep 13

Dec 13

Mar 14

Jun 14

Sep 14

Dec 14

Mar 15

Jun 15

Sep 15

Dec 15

Mar 16

Jun 16

Sep 16

Dec 16

Mar 17

Jun 17