Calculate real wages from ABS CPI and WPI
Combine the Wage Price Index and CPI to get real wage growth in a single function. The /v1/real-wages endpoint does this server-side.
Steps
- 1Call /v1/real-wages.
- 2Read the rolling 4-quarter percent change.
- 3Cross-check against ABS Table 1.
Code
cURL
curl https://api.ausdata.io/v1/real-wages \
-H "Authorization: Bearer YOUR_KEY"Python
import requests
r = requests.get(
"https://api.ausdata.io/v1/real-wages",
headers={"Authorization": "Bearer YOUR_KEY"},
)
print(r.json())JavaScript
const r = await fetch("https://api.ausdata.io/v1/real-wages", {
headers: { Authorization: "Bearer YOUR_KEY" },
});
console.log(await r.json());Watch out for
- WPI lags CPI by one quarter. The endpoint pads with the most recent value.
Related
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