Australia's first quarter seasonally adjusted wage price index quarter-on-quarter

Australian Bureau of Statistics announced the Australia's first quarter seasonally adjusted wage price index quarter-on-quarter on 2025-05-14. The reported figure stands at 0.9%, against a forecast of 0.80%, with the prior figure recorded as 0.70%.

Regarding the Australia's first quarter seasonally adjusted wage price index quarter-on-quarter, Actual value > Expected value = Bullish for AUD, The wage price index refers to a wage system in which workers' monetary wages fluctuate with the price index, automatically adjusting income according to the price index. The purpose of wage indexing is to eliminate the impact of price fluctuations on employee wage levels under market economic conditions, implementing the principle of price compensation in the wage system. Wages are adjusted accordingly based on changes in the price index, ensuring that wage growth is higher than or at least not lower than the rise in prices.

This data holds an importance level of , calculated using Analyze the variation in salary, and updates monthly. The next release is set for 2025-08-12 09:30:00.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.