Reports on the decline in Australian real wages.
1 report, 1 independent
Updated Aug 1
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What happened
Reports on the decline in Australian real wages.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
-
Australian Bureau of Statistics
federal statistics and census agency of the Australian Government
- The Reserve Bank of Australia is managing monetary policy while assessing how geopolitical risks in the Middle East, including conflict status and oil flow, affect the outlook for inflation and the potential benefits of a peace deal.
- The Reserve Bank of Australia and the European Central Bank are facing global economic pressures. Data released on May 27 showed that CPI rose 0.4% in April.
Related events
- ABS reports on the current state of the Australian economy.
- Wage moderation has eased, which is expected to reduce pressure on the Reserve Bank of Australia.
- Declining RNNDI is cited as evidence reflecting poor living standards in Australia.
- Inflation data released by the Australian Bureau of Statistics undershot forecasts.
- The Australian Bureau of Statistics released figures detailing spending trends within the Greater Perth region.