Financial News: Australia Wage Price Index Climbs 0.8% In Q3

Australia Wage Price Index Climbs 0.8% In Q3

11/12/2024 - 19:48:00 (RTTNews)

(RTTNews) - The wage price index in Australia was up a seasonally adjusted 0.8 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Wednesday.

That was unchanged from the previous three months, although it was shy of expectations for an increase of 0.9 percent.

Both the private sector and the public sector rose 0.8 percent for the quarter.

The largest industry contributors to quarterly wages growth were healthcare and social assistance (+1.7 percent), retail trade (+2.1 percent), and administrative and support services (+2.1 percent).

On a yearly basis, wage prices were up 3.5 percent - again short of forecasts for 3.6 percent and down from 4.1 percent in the second quarter.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

UK Economy Flatlines In Q3 (43 min(s), 22 sec(s) ago)
(RTTNews) - The UK economy stalled in the third quarter as the services sector posted nil growth a ...Full Story»

Norway Jobless Rate Falls To 3.7% (57 min(s), 22 sec(s) ago)
(RTTNews) - Norway's unemployment rate decreased in November to the lowest level in nine month ...Full Story»

Finland Jobless Rate Steady At 8.1% (01 hr(s), 11 min(s), 22 sec(s) ago)
(RTTNews) - Finland's unemployment rate held steady for the second straight month in November, ...Full Story»

German Import Prices Rise 0.6% In November (01 hr(s), 33 min(s), 22 sec(s) ago)
(RTTNews) - Germany's import prices increased for the first time in three months in November, ...Full Story»

Singapore Inflation Rises To 1.6%, Less Than Forecast (02 hr(s), 08 min(s), 22 sec(s) ago)
(RTTNews) - Singapore's consumer price inflation increased slightly in November after easing t ...Full Story»

European Economic News Preview: UK GDP Data Due (03 hr(s), 40 min(s), 22 sec(s) ago)
(RTTNews) - Quarterly GDP data from the UK is the only major economic report due on Monday, headli ...Full Story»

Singapore Inflation Data Due On Monday (33 min(s), 38 sec(s) ago)
(RTTNews) - Singapore will on Monday release November numbers for consumer prices, highlighting a ...Full Story»

U.S. Consumer Sentiment Improves In Line With Preliminary Estimate In December (15 min(s), 38 sec(s) ago)
(RTTNews) - The University of Michigan released a report on Friday showing consumer sentiment in t ...Full Story»