Wage Price Index (YoY)

Date Time Left   Event Impact Previous Consensus Actual
Aug 14, 01:30  Wage Price Index (YoY) 2.3% 2.3% 2.3%

Wage Price Index (YoY)

The Wage Price Index released by the Australian Bureau of Statistics is an indicator of labor cost inflation and of the tightness of labor markets. The Reserve Bank of Australia pays close attention to it when setting interest rates. A high reading is positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).

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