December 12, 2024 02:19 GMT
AUSTRALIA DATA: Salary Growth Moderating In Y/Y Terms - Seek
AUSTRALIA DATA
SEEK has released data for Nov salaried wages growth. They made the following observations:
"After growing at 0.3 or 0.4% m/m for a year, the SEEK ASI has now risen by 0.2% m/m for the last two months. Advertised salaries were up 3.5% y/y in November, the slowest annual rise since August 2021." See the chart below.
Fig 1: SEEK Wages Growth Moderating In Y/Y Terms
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