Wage Price Index (QoQ)

The Wage Price Index released by the Australian Bureau of Statistics is an indicator of labor cost inflation and of the tightness of labor markets. The Reserve Bank of Australia pays close attention to it when setting interest rates. A high reading is positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).

Most recent - Wednesday 21 February 2024 00:30

Previous
1.3%
Revised
-
Forecast
0.9%
Actual
0.9%

Next event - Wednesday 15 May 2024 01:30

Previous
0.9%
Forecast
-
Actual
-

The typical/expected impact on AUD pairs is medium.

There is no forecast value for Wage Price Index (QoQ) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Wage Price Index (QoQ) was 0.9% against a forecast of 0.9%.

Past events

Date
Forecast
Actual
Wednesday 21 February 2024 00:30
0.9%
0.9%
Wednesday 15 November 2023 00:30
1.3%
1.3%
Tuesday 15 August 2023 01:30
1%
0.8%
Wednesday 17 May 2023 01:30
0.9%
0.8%
Wednesday 22 February 2023 00:30
1%
0.8%
Wednesday 16 November 2022 00:30
0.9%
1%
Wednesday 17 August 2022 01:30
0.8%
0.7%
Wednesday 18 May 2022 01:30
0.8%
0.7%
Wednesday 23 February 2022 00:30
0.7%
0.7%
Wednesday 17 November 2021 00:30
0.5%
0.6%
Wednesday 18 August 2021 01:30
0.6%
0.4%
Wednesday 19 May 2021 01:30
0.5%
0.6%

Economic context

Recent economic data has been moderately bullish for AUD. Other recent announcements which may affect the market's interpretation of the next Wage Price Index (QoQ) result:

PreviousLatest
Retail Sales s.a. (MoM)Bearish change1.1%0.3%
Consumer Inflation ExpectationsBearish change4.5%4.3%
Westpac Consumer ConfidenceBearish change6.2%-1.8%
Employment Change s.a.Bullish change15.3K116.5K
Full-Time EmploymentBullish change19.9K78.2K
Participation RateBullish change66.6%66.7%
Part-Time EmploymentBullish change-4.6K38.3K
Unemployment Rate s.a.Bullish change4.1%3.7%
Judo Bank Composite PMIBullish change52.152.4
Judo Bank Manufacturing PMIBearish change47.846.8
Judo Bank Services PMIBullish change53.153.5
RBA Interest Rate Decision(no change)4.35%4.35%

About Wage Price Index (QoQ)

Country:Australia
Currency:AUD
Source:Australian Bureau of Statistics
Category:Labor Market
Frequency:Quarterly

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?