Wage Price Index (AUD) – 11/11

What is it? It checks the change in the price businesses and the government pay for labor, excluding bonuses.

It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer.

When? November 11th at 7:30pm Eastern Time.

 

Trading Tip: If the number is higher than the forecast, you can expect the AUD to rise.

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