Australia Wage Price Index for Q4 2020: 0.6% q/q (vs. expected +0.3%)

Australia Wage Price Index for Q4 2020. The jobs market is improving but wage growth is still slow, albeit not as slow as expected.

+0.6 % q/q

• expected +0.3% q/q, prior +0.1%

+1.4 % y/y ... record lows for this still

• expected +1.1% y/y, prior +1.4%