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Australia Wage Price Index Adds 0.7% In Q4
(RTTNews) - Australia's wage price index was up 0.7 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Wednesday.
That missed expectations for an increase of0.8 percent, which would have been unchanged from the previous quarter.
On a yearly basis, wages climbed 3.2 percent - matching forecasts and slowing from the 3.5 percent in the three months prior.
Individually, private sector wages were up 0.7 percent on quarter and 3.3 percent on year, while public sector wages gained 0.6 percent on quarter and 2.8 percent on year.
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Australia Services PMI Slips In April - S&P Global
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Australia Westpac Consumer Sentiment At 6-Month Low
Australia consumer sentiment deteriorated to a six-month low in April on escalating tariff war, survey data from Westpac showed Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index fell to 90.1 in April from 95.9 in March. The 'family finances vs a year ago' sub-index registered a sharp 8.5 percent fall to 70.2 in April.
RTTNews
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The services sector in Australia continued to expand in March, and at a faster rate, the latest survey from S&P Global revealed on Thursday with a services PMI score of 51.6.
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Australia Keeps Key Rate Unchanged As Expected
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38 dias atrás
