Australian Q2 wages data +0.7% q/q (expected 0.8%)

  • Wage Price Index from the Australian Bureau of Statistics

Australia's April to June quarter Wage Price Index.

0.7% q/q

  • expected 0.8%, prior 0.7%

2.6% y/y

  • expected 2.7%, prior 2.4%
  • In real terms wages have fallen 3.5% y/y in Q2.

more to come

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