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Australia Wage Price Index QoQ

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Australia Wage Price Index QoQ

Frequency

Delivery Method

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Status

 
Latest Release
Aug 17, 2022
Actual
0.7%
Forecast
0.8%
Previous
0.7%
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...
Australia Wage Price Index QoQ
 
Release Date Time Actual Forecast Previous
Aug 17, 2022 (Q2) 12:30 0.7% 0.8% 0.7%
May 18, 2022 (Q1) 12:30 0.7% 0.8% 0.7%
Feb 23, 2022 (Q4) 11:30 0.7% 0.7% 0.6%
Nov 17, 2021 (Q3) 11:30 0.6% 0.5% 0.4%
Aug 18, 2021 (Q2) 12:30 0.4% 0.6% 0.6%
May 19, 2021 (Q1) 12:30 0.6% 0.5% 0.6%

News

Australian Retail Sales Rise More Than Expected in July
Australian Retail Sales Rise More Than Expected in July By Investing.com - Aug 29, 2022

By Ambar Warrick Investing.com-- Australian retail sales rose more than expected in July as elevated inflation and strength in the jobs market kept consumers spending despite higher borrowing...

ASX 200 Extends Gains for Third Consecutive Session
ASX 200 Extends Gains for Third Consecutive Session By Investing.com - Aug 17, 2022

By Oliver Gray  Investing.com - The S&P/ASX 200 added 22.3 points or 0.3% to 7,127.7 during Wednesday’s trade, recovering from early losses and extending gains for the third consecutive session as...

Chinese Stocks Jump on Stimulus Hopes, Asian Bourses Rise
Chinese Stocks Jump on Stimulus Hopes, Asian Bourses Rise By Investing.com - Aug 17, 2022

By Ambar Warrick  Investing.com-- Most Asian stock markets rose on Wednesday following a strong lead-in from Wall Street, with Chinese indexes rising sharply as investors looked to more stimulus...

Analysis

David Bassanese
Bear Market Folly By David Bassanese - Aug 15, 2022 1

Week in review By far the global highlight last week was the softer than expected US July consumer price index report, with both headline and core inflation lower than market expectations. In turn...

David Bassanese
Recession Watch By David Bassanese - May 23, 2022

Global markets Global equities weakened further last week, although not due to another surge in bond yields. Rather, it was due to signs of a weakening in corporate earnings from two major US...

Wage Price Index (QoQ) Discussion

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