Breaking News

Australia Wage Price Index YoY

Latest Release

Nov 13, 2024

Actual

3.5%

Forecast

3.6%

4.1%

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 year. 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.

Importance:

Country:

Currency: AUD

Source: Australian Statistician

Release Date	Time	Actual	Forecast	Previous
Nov 13, 2024 (Q3)	00:30	3.5%	3.6%	4.1%
Aug 13, 2024 (Q2)	01:30	4.1%		4.1%
May 15, 2024 (Q1)	01:30	4.1%	4.2%	0.9%
Feb 21, 2024 (Q4)	00:30	4.2%	4.1%	4.1%
Nov 15, 2023 (Q3)	00:30	4.0%	3.9%	3.6%
Aug 15, 2023 (Q2)	01:30	3.6%	3.7%	3.7%

News

Australia jobs rise less than expected in Oct as growth cools By Investing.com - Nov 14, 2024

Investing.com-- Australia’s job market grew at a slower-than-expected pace in October, as outsized growth in the labor market now appeared to be cooling after six months of strong expansion. The...

Asian stocks drift higher as CPI test approaches; China dips on US tariffs By Investing.com - May 15, 2024

Investing.com-- Most Asian stocks rose slightly on Wednesday ahead of key U.S. consumer inflation data, while Chinese markets lagged their peers after the Biden administration slapped the country with...

Asia FX retakes some ground as dollar retreats before more Fed cues By Investing.com - Feb 21, 2024

Investing.com-- Most Asian currencies rose on Wednesday, seeing some relief as the dollar retreated in anticipation of more cues from the Federal Reserve on the path of interest rates. Regional units...

Analysis

AUD/USD Kicks Off Busy Week With A Bang By Fawad Razaqzada - Jun 04, 2018

Friday’s 'risk-on' rally, triggered in part by those strong US employment figures, followed through on Monday as Asian shares and US index futures rose. Although Europe was also higher at the...

Solid NFP Prompts Mixed Dollar Response As Stocks Surge By Fawad Razaqzada - Jun 01, 2018

Sentiment was already positive before the release of the US jobs report as Italian bond yields were lower for the third day due to diminished political concerns following the formation of a coalition...

Aussie: RBA On Hold, Rates Unchanged By Yann Quelenn - Dec 05, 2017

The RBA cash rate target has been maintained again at 1.50%. It is now the 16th consecutive month in a row that the rates have been held at this level. It has also been since 2010 that the rates have...

Wage Price Index (YoY) Discussion

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