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 0.7% against a forecast of 0.8%.
Recent economic data has been moderately bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Wage Price Index (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
RBA Interest Rate Decision | Bearish change | 4.35% | 4.1% | ||
Consumer Inflation Expectations | Bullish change | 4% | 4.6% | ||
Westpac Consumer Confidence | Bullish change | -0.7% | 0.1% | ||
National Australia Bank's Business Confidence (QoQ) | Bullish change | -7 | -4 | ||
Exports (MoM) | Bearish change | 4.2% | 1.1% | ||
Imports (MoM) | Bullish change | 1.4% | 5.9% | ||
Trade Balance (MoM) | Bearish change | 6792M | 5085M |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Labor Market |
Frequency: | Quarterly |