Australian wage pressure eased last quarter as private sector pay growth moderated, data on Wednesday showed, an outcome likely to please the central bank which last week skipped a chance to ease rates citing a pick-up in domestic inflation.
The government’s main measure of ordinary time earnings rose a seasonally adjusted 0.7 per cent in the third quarter of 2012, down from a 1.0 per cent increase in the second quarter and below forecasts of 0.8 per cent.
via Business feed http://www.scmp.com/business/economy/article/1082207/australia-wages-growth-eases-no-inflation-threat
No comments:
Post a Comment