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Actual | Forecast | Previous | Revised Form | |
| 0.3% | 0.5% | 0.4% | N/A |
| 11/4 | 2/4 | 5/4 | 8/3 | 11/2 | 2/1 | 5/5 | 8/3 | 11/2 | 2/1 | ||
| Actual | 0.9% | 1.1% | 0.7% | 0.8% | 1.1% | 0.7% | 0.5% | 0.3% | 0.4% | 0.3% | |
| Forecast | 0.8% | 0.9% | 0.7% | 0.8% | 0.8% | 0.9% | 0.6% | 0.5% | 0.3% | 0.5% | |
| Previous | 0.8% | 0.9% | 1.1% | 0.7% | 0.8% | 1.1% | 0.7% | 0.5% | 0.3% | 0.4% | |
| Revised From | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
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Actual | Forecast | Previous | Revised Form | |
| 0.4% | 0.3% | 0.3% | N/A |
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Actual | Forecast | Previous | Revised Form | |
| 0.3% | 0.5% | 0.5% | N/A | ||
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For 2nd Quarter
Labour Cost Index y/y: pr. 3.3% (4Q), 3.6% (3Q), 3.5% (2Q), 3.5%
(1Q)
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Actual | Forecast | Previous | Revised Form | |
| 0.5% | 0.6% | 0.7% | N/A | ||
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For 1st Quarter
Labour Cost Index y/y: pr. 3.3% (4Q), 3.6% (3Q), 3.5% (2Q), 3.5%
(1Q)
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Actual | Forecast | Previous | Revised Form | |
| 0.7% | 0.9% | 1.1% | N/A | ||
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For 4th Quarter
Labour Cost Index y/y: 3.3%, pr. 3.6% (3Q), 3.5% (2Q), 3.5%
(1Q)
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Actual | Forecast | Previous | Revised Form | |
| 1.1% | 0.8% | 0.8% | N/A | ||
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For 3rd Quarter
Labour Cost Index y/y: 3.6%, pr. 3.5% (2Q), 3.5%
(1Q)
From the Release: "The Labour Cost Index (LCI) showed a rise of 3.6 percent in salary and wage rates (including overtime) from the September 2007 quarter to the September 2008 quarter (in the year to the September 2008 quarter). This annual increase is the largest since the series began in the December 1992 quarter, surpassing the previous record increase of 3.5 percent in the year to the June 2008 quarter. In comparison, the Quarterly Employment Survey (QES) average hourly earnings increased 5.5 percent in the year to the September 2008 quarter. In the LCI, salary and wage rates (including overtime) increased 1.1 percent in the September 2008 quarter. This is the equal-largest quarterly increase since the series began, matching the 1.1 percent increase in the December 2007 quarter. This follows increases of 0.8 percent and 0.7 percent in the June 2008 and March 2008 quarters, respectively." |
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Actual | Forecast | Previous | Revised Form | |
| 0.8% | 0.8% | 0.7% | N/A | ||
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For 2nd Quarter
Labour Cost Index y/y: 3.5%, forecast 3.6%, pr. 3.5%
The Labour Cost Index increased 0.8% in the 2nd quarter, meeting expectations for the 2nd quarter. On an annual basis the LCI remained steady at a 3.5% pace, which is still the fastest pace since the series began in 1992. |
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Actual | Forecast | Previous | Revised Form | |
| 0.7% | 0.7% | 1.1% | N/A | ||
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1st Quarter
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Actual | Forecast | Previous | Revised Form | |
| 1.1% | 0.9% | 0.9% | N/A | ||
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4th Quarter
Labor Costs y/y: 3.4% In the year to the December 2007 quarter salary and wages (including overtime) increased 3.4%. For the quarter, labor costs increased 1.1%. The finance and insurance industries saw a higher growth rate of 6.3%. |
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Actual | Forecast | Previous | Revised Form | |
| 0.9% | 0.8% | 0.8% | N/A | ||
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For 3rd Quarter Higher than expected wage inflation is not alarming since there is a shortage of workers. |
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