Australia Wage Price Index Climbs 3.1% On Year In Q3
(RTTNews) - 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.
Private sector wages rose 1.2 percent on quarter and 3.4 percent on year, while public sector wages advanced 0.6 percent on quarter and 2.4 percent on year.
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Australia Inflation Rises 0.2% On Quarter In Q4
Consumer prices in Australia were up a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Wednesday - shy of forecasts for 0.3 percent but unchanged from the previous quarter.
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6h 35min ago
Australia NAB Business Conditions Recover In December
Australia's business conditions rebounded in December with retail entering positive territory for the first time since November 2023, a survey from the National Australia Bank showed on Tuesday. The business conditions index rose three points to +6 and almost returned to the long-run average. The survey showed a notable uplift in retail conditions.
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1 day ago
Australia Manufacturing PMI Improves To 49.8 In January - S&P Global
The manufacturing sector in Australia continued to contract in January, albeit at a slower pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 49.8.
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5 days ago
Australia Jobless Rate Climbs To 4.0% In December
The unemployment rate in Australia came in at a seasonally adjusted 4.0 percent in December, the Australian Bureau of Statistics said on Thursday - in line with expectations and up from 3.9 percent in November.
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13 days ago
Australia Westpac Consumer Sentiment Weakens In January
Australia's consumer confidence weakened in January but things are expected to improve, survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index declined 0.7 percent to 92.1 in January from 92.8 in December. Among five sub-indices of consumer confidence, the two indicators tracking current conditions declined.
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15 days ago
Australia Retail Sales Climb 0.8% In November
The value of retail sales in Australia was up a seasonally adjusted 0.8 percent on month in November, the Australian Bureau of Statistics said on Thursday - coming in at A$37.052 billion.
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20 days ago
Australia November Trade Surplus A$7.079 Billion
Australia posted a seasonally adjusted merchandise trade surplus of A$7.079 billion November, the Australian Bureau of Statistics said on Thursday.
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20 days ago
Australia Inflation Rises In November
Australia's consumer price inflation accelerated in November largely due to the timing of electricity rebate, the Australian Bureau of Statistics said on Wednesday.
Headline inflation rose to 2.3 percent in November from 2.1 percent in October. Inflation was slightly above economists' forecast of 2.2 percent. However, annual trimmed mean inflation eased to 3.2 percent from 3.5 percent.
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21 days ago
