Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
The typical/expected impact on AUD pairs is medium.
There is no forecast value for Wage Price Index (QoQ) yet - check back for updates.
The most recent announced value for Wage Price Index (QoQ) was 0.8% against a forecast of 0.9%.
Recent economic data has been broadly neutral for AUD. Other recent announcements which may affect the market's interpretation of the next Wage Price Index (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Employment Change s.a. | Bullish change | 28.2K | 56.3K | ||
Full-Time Employment | Bearish change | 49.5K | -23.7K | ||
Participation Rate | Bullish change | 67% | 67.1% | ||
Part-Time Employment | Bullish change | -21.2K | 80K | ||
Unemployment Rate s.a. | Bearish change | 3.9% | 4% | ||
Consumer Inflation Expectations | Bearish change | 4.2% | 4% | ||
Westpac Consumer Confidence | Bullish change | -2% | -0.7% |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Labor Market |
Frequency: | Quarterly |