Average Hourly Wages (YoY)

The average hourly wages released by Statistics Canada measure the increase in the salaries earned by the permanent employees in Canada. Generally speaking, a rise in this indicator has positive implications for consumer spending, which stimulates economic growth. Therefore, a high reading is seen as positive, or bullish for the CAD, while a low reading is seen as negative or bearish.

Most recent - Friday 5 April 2024 12:30

Previous
4.9%
Revised
-
Actual
5%

Next event - Friday 3 May 2024 12:30

Previous
5%
Actual
-

The typical/expected impact on CAD pairs is medium.

Trading range

Announcement history

The most recent announced value for Average Hourly Wages (YoY) was 5%.

Past events

Date
Actual
Friday 5 April 2024 12:30
5%
Friday 8 March 2024 13:30
4.9%
Friday 9 February 2024 13:30
5.3%
Friday 5 January 2024 13:30
5.7%
Friday 1 December 2023 13:30
5%
Friday 3 November 2023 12:30
5%
Friday 6 October 2023 12:30
5.3%
Friday 8 September 2023 12:30
5.2%
Friday 4 August 2023 12:30
5%
Friday 7 July 2023 12:30
3.9%
Friday 9 June 2023 12:30
5.1%
Friday 5 May 2023 12:30
5.2%
Thursday 6 April 2023 12:30
5.2%
Friday 10 March 2023 13:30
5.4%
Friday 10 February 2023 13:30
4.5%
Friday 6 January 2023 13:30
5.2%
Friday 2 December 2022 13:30
5.4%
Friday 4 November 2022 12:30
5.5%
Friday 7 October 2022 12:30
5.2%
Friday 9 September 2022 12:30
5.58%
Friday 5 August 2022 12:30
5.44%
Friday 8 July 2022 12:30
5.57%
Friday 10 June 2022 12:30
4.45%
Friday 6 May 2022 12:30
3.41%
Friday 8 April 2022 12:30
3.7%
Friday 11 March 2022 13:30
3.3%
Friday 4 February 2022 13:30
2.4%
Friday 7 January 2022 13:30
2.7%
Friday 3 December 2021 13:30
3%
Friday 5 November 2021 12:30
2.1%
Friday 8 October 2021 12:30
1.7%
Friday 10 September 2021 12:30
1.25%
Friday 6 August 2021 12:30
0.56%
Friday 9 July 2021 12:30
0.09%
Friday 4 June 2021 12:30
-1.44%
Friday 7 May 2021 12:30
-1.6%

Economic context

Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Average Hourly Wages (YoY) result:

PreviousLatest
BoC Consumer Price Index Core (MoM)Bullish change0.1%0.5%
BoC Consumer Price Index Core (YoY)Bearish change2.1%2%
Consumer Price Index (MoM)Bullish change0.3%0.6%
Consumer Price Index (YoY)Bullish change2.8%2.9%
BoC Interest Rate Decision(no change)5%5%

About Average Hourly Wages (YoY)

Country:Canada
Currency:CAD
Source:Statistics Canada
Category:Labor Market
Frequency:Monthly

Personal Trade Copier

Trade Mirror

Trading Simulator

Figaro App Suite

Publisher EA

Figaro Connector EA

All Trader Downloads

All Developer Downloads

Currency Strength

Trader Sentiment

Price Alerts

Mini Charts

Premium Charting

Market Scanner

All Tools

Next High Impact Events

Week View

Next 24 Hours

Session Map

Chart View

Future Events

Past Events

Big Market Movers

Compare Brokers

Broker Offers

Market Analysis

Price Action News

Broker News

Example Analysis

Widgets

FAQ

Statement

Stats

Risk analysis

Widgets

Portfolio

FAQ

Please Log In
Not yet a user?