Australian wages data for Q1 are due.
The prior quarter, Q4 of 2023 saw a solid increase for both q/q and y/y. Public sector pay growth was notably stronger than the private sector. For today the same rates of increases seen in Q4 2023 are expected for Q1 2024, and the same factors are expected to be in play; better wage rises in the public vs. private sector.
This snapshot from the ForexLive economic data calendar, access it here.
- The times in the left-most column are GMT.
- The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
This article was written by Eamonn Sheridan at www.forexlive.com.
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