© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
MNI

Test, Please Ignore

AUSSIE 10-YEAR TECHS

(U2) More Stable But Still Fragile

USDCAD TECHS

Trend Structure Remains Bullish

US TSYS

Cautious Risk Appetite Gains Momentum

AUDUSD TECHS

Key Support Still Exposed

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Topics

Australia WPI Continues Rising; +0.7% in Q1

AUSTRALIA DATA
MNI (Singapore)
Metals bulletDatamarkets-real-timeData BulletCommoditiesEnergy BulletsBulletMarketsFixed IncomeForeign Exchange
  • Australia Q1 Wage Price Index rose 0.7% this quarter and 2.4% over the year in seasonally adjusted term, the same growth as Q4 and 0.1 percentage point quicker on a year basis.
  • The private sector rose 0.7% over the quarter. Regular annual wage and salary reviews drove wage growth for the sector, with a small number of larger increases paid to retain and attract in-demand skilled workers.
  • The public sector rose 0.6% over the quarter with a higher proportion of jobs receiving increases than in recent March quarters, due to timing changes for a few large enterprise agreements..
96 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • Australia Q1 Wage Price Index rose 0.7% this quarter and 2.4% over the year in seasonally adjusted term, the same growth as Q4 and 0.1 percentage point quicker on a year basis.
  • The private sector rose 0.7% over the quarter. Regular annual wage and salary reviews drove wage growth for the sector, with a small number of larger increases paid to retain and attract in-demand skilled workers.
  • The public sector rose 0.6% over the quarter with a higher proportion of jobs receiving increases than in recent March quarters, due to timing changes for a few large enterprise agreements..