Global Economic News

Australia Wage Price Index Climbs 3.1% On Year In Q3

Australia's wage price index climbed 3.1 percent on year in the third quarter of 2022, the Australian Bureau of Statistics said on Wednesday - exceeding expectations for 3.0 percent and up from 2.6 percent in the second quarter.

On a seasonally adjusted quarterly basis, wages rose 1.0 percent - topping forecasts for 0.9 percent and up from 0.7 percent in the three months prior.

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by RTTNews Staff Writer

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