- Australian wage index fell in the third quarter
Market news
16 November 2016
Australian wage index fell in the third quarter
The wage index was 0.4%, lower than the previous value, and lower than analysts forecast of 0.5% in the third quarter. In annual terms, the indicator was also lower than the forecast of 2.0%, dropping to 1.9% from the previous value of 2.1%, which was the lowest level since data collection began in 1997.
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