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Australia Wage Price Index Climbs 0.9% In Q4
(RTTNews) - Australia's wage price index was up a seasonally adjusted 0.9 percent on quarter in the fourth quarter of 2023, the Australian Bureau of Statistics said on Wednesday.
That was in line with expectations and down from 1.3 percent in the three months prior.
On a yearly basis the wage price index climbed 4.2 percent - exceeding estimates for 4.1 percent and unchanged from the previous three months.
The public sector rose 4.3 percent over the 12 months to the December quarter 2023, tracking slightly above the private sector (4.2 percent) for the first time since December quarter 2020. The public sector annual rise was the highest for the sector since March quarter 2010.
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Australia Keeps Interest Rate Unchanged
The Reserve Bank of Australia maintained its key interest rate as the full effects of earlier rate cuts are yet to be felt and policymakers became cautious after data showed evidence of more persistent inflation. The policy board governed by Michele Bullock decided to hold the cash rate at 3.60 percent, as widely expected, on Tuesday.
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Australia Building Approvals Jump 12.0% In September
The total number of building permits issued in Australia was up a seasonally adjusted 12.0 percent on month in September, the Australian Bureau of Statistics said on Monday - coming in at 17,019.
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Australia Manufacturing PMI Slips Into Contraction - S&P Global
The manufacturing sector in Australia fell into contraction territory in October, the latest survey from S&P Global revealed on Monday with a Performance of Manufacturing Index score of 49.7.
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Australia Manufacturing PMI Sinks Into Contraction - S&P Global
The manufacturing sector in Australia slipped into contraction in October, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 49.7.
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Australia Unemployment Rate Climbs To 4.5% In September
The jobless rate is Australia came in at a seasonally adjusted 4.5 percent in September, the Australian Bureau of Statistics said on Thursday.
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Australia Services PMI Fades In September - S&P Global
The services sector in Australia continued to expand in September, albeit at a slower pace, the latest survey from S&P Global revealed on Friday with a services PMI score of 53.4.
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32 일 전
Australia Household Spending Growth Weakens, Trade Surplus Declines
Australia's household spending grew at a slower pace in August and the trade surplus declined sharply as exports of gold decreased dramatically, official data showed on Thursday. Household spending rose only 0.1 percent from July, when consumption grew 0.4 percent, the Australian Bureau of Statistics said. This was the weakest expansion in four months.
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33 일 전
Australia Manufacturing Sector Ebbs In September - S&P Global
The manufacturing sector in Australia continued to expand in September, albeit at a slower pace, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 51.4.
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34 일 전
