Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
The most recent announced value for Wage Price Index (QoQ) was 0.8% against a forecast of 0.9%.
Recent economic data has been strongly bullish for AUD. Other recent announcements which may affect the market's interpretation of the next Wage Price Index (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports (MoM) | Bullish change | -4.7% | 3.6% | ||
Imports (MoM) | Bullish change | -2.8% | 0.1% | ||
Trade Balance (MoM) | Bullish change | 4532M | 5953M | ||
Gross Domestic Product (QoQ) | Bullish change | 0.2% | 0.3% | ||
Gross Domestic Product (YoY) | Bearish change | 1% | 0.8% | ||
AiG Industry Index | Bullish change | -28.8 | -10.8 | ||
Judo Bank Composite PMI | Bullish change | 49.4 | 50.2 | ||
Judo Bank Services PMI | Bullish change | 49.6 | 50.5 | ||
Retail Sales s.a. (MoM) | Bullish change | 0.1% | 0.6% | ||
Building Permits (MoM) | Bearish change | 5.8% | 4.2% | ||
Private Capital Expenditure | Bullish change | -2.2% | 1.1% |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Labor Market |
Frequency: | Quarterly |