Breaking News

Australia Wage Price Index QoQ

Latest Release

Nov 13, 2024

Actual

0.8%

Forecast

0.9%

0.8%

The Wage Price Index measures the change in the price businesses and the government pay for labor, excluding bonuses. It is a leading indicator of consumer price inflation.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.

Importance:

Country:

Currency: AUD

Source: Australian Bureau of Statistic...

Release Date	Time	Actual	Forecast	Previous
Nov 13, 2024 (Q3)	11:30	0.8%	0.9%	0.8%
Aug 13, 2024 (Q2)	12:30	0.8%	0.9%	0.9%
May 15, 2024 (Q1)	12:30	0.8%	0.9%	1.0%
Feb 21, 2024 (Q4)	11:30	0.9%	0.9%	1.3%
Nov 15, 2023 (Q3)	11:30	1.3%	1.3%	0.9%
Aug 15, 2023 (Q2)	12:30	0.8%	0.9%	0.8%

News

ASX 200 to dip at open; gold and tech rallies; RBA minutes ahead By Investing.com - May 21, 2024

Investing.com - The Australian stock market is projected to open with a slight drop on Tuesday, following a mixed close in the US. Gold prices also soared to an all-time high following China's...

Australia jobs rise more than expected in April, but unemployment increases By Investing.com - May 16, 2024

Investing.com-- Australia’s job market grew more than expected in April as tight labor conditions persisted for most part, although the unemployment rate also increased as a higher number of people...

Asia FX gains some ground as dollar inches lower ahead of CPI data By Investing.com - May 15, 2024

Investing.com-- Most Asian currencies rose slightly on Wednesday, retaking some ground against a weaker dollar as markets awaited more cues on interest rates from key U.S. inflation data due later in...

Analysis

June pause By David Bassanese - May 22, 2023

Global marketsConcerns over US debt ceiling negotiations were the primary factor affecting global markets over the past week, with hopes that a deal is close generally helping to support stock prices....

Markets fear “no landing” scenario as inflation stays strong By David Bassanese - Feb 27, 2023

Global MarketsStronger than expected activity data and stubbornly high consumer price inflation saw US stocks fall and bond yields rise for the third week in a row. Firm recent US activity and...

Wages increase at the fastest December quarterly pace in 10 years, lifting 0.8% By Hanan Dervisevic - Feb 22, 2023

Wage figures published by the ABS for the December quarter revealed an increase to wages of 0.8 % from the September quarter and 3.3% annually.In the private sector, base pay packets rose 0.8% over...

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