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Australia Wage Price Index QoQ
Latest Release
Aug 13, 2024
Actual0.8%
Forecast0.9%
Previous0.9%
The Wage Price Index reports the change in the amount of money businesses and the government in Australia pay for labour, relative to the prior quarter. The figure excludes bonuses. It is an indicator of potential inflationary pressures.
A reading that is stronger than forecast is generally supportive (bullish) for the AUD, while a weaker than forecast reading is generally negative (bearish) for the AUD.
A reading that is stronger than forecast is generally supportive (bullish) for the AUD, while a weaker than forecast reading is generally negative (bearish) for the AUD.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Aug 13, 2024 (Q2) | 07:00 | 0.8% | 0.9% | 0.9% | |
| May 15, 2024 (Q1) | 07:00 | 0.8% | 0.9% | 1.0% | |
| Feb 21, 2024 (Q4) | 06:00 | 0.9% | 0.9% | 1.3% | |
| Nov 15, 2023 (Q3) | 06:00 | 1.3% | 1.3% | 0.9% | |
| Aug 15, 2023 (Q2) | 07:00 | 0.8% | 0.9% | 0.8% | |
| May 17, 2023 (Q1) | 07:00 | 0.8% | 0.9% | 0.8% |
News
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...
Asia FX weakens, dollar steady as Fed signals no hurry to cut rates
By Investing.com - Feb 22, 2024
Investing.com-- Most Asian currencies retreated on Thursday, while the dollar stemmed recent losses as a slew of signals from the Federal Reserve showed that the central bank was likely to keep...
Analysis
Euro Turns South As Dow Drops 450 Points In 90 Minutes
By Kathy Lien - Feb 22, 2018
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Volatility ripped through the financial markets in the last 2 hours of NY trade on Wednesday. The Dow, which was up more than...
Dollar Collapses Into Holiday Trade, What’s Next?
By Kathy Lien - Nov 18, 2017
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Over the past few weeks, the U.S. dollar has struggled despite progress on tax reform and the prospect of a Federal Reserve rate...
USD Shrugs Off House Tax Bill, Senate Next
By Kathy Lien - Nov 17, 2017
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thursday was an uneven day for the U.S. dollar, which traded slightly higher against the Japanese yen and euro but lower against...
Wage Price Index (QoQ) Discussion
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