real_wages
Calculate Australian real wages (Wage Price Index minus CPI) for any quarterly range, returning nominal wage growth, CPI annual change, and the gap between them.
Instructions
Get Australian real wages time series (Wage Price Index minus CPI). The flagship 'Greg Jericho chart' — published weekly by AU economic commentators. Returns nominal wage growth, CPI annual change, and the computed gap for each quarter in the range. Example: range 2019-Q1 to 2024-Q4 to see the post-pandemic real wages collapse.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| end | No | Period end (YYYY-Q4 format). Omit for latest. | |
| start | No | Period start (YYYY-Q1 format) | |
| seasonal_adjustment | No | ABS methodology variant. 'trend' matches Greg Jericho's published charts. | trend |