Australia’s wage growth slows in 0.8% qoq in Q2, with private sector lagging

Australia’s wage price index rose by 0.8% qoq in Q2, slightly down from the previous quarter’s 0.9% qoq increase and falling short of expectations for another 0.9% qoq rise. On an annual basis, wage growth remained steady at 4.1%, unchanged from Q1. In the private sector, wage growth slowed to 0.7% qoq, down from 0.9% […]

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