The wage price index rose 0.9% in the first quarter, and by 3.4% from the same period a year earlier, the Australian Bureau of Statistics said Wednesday. Wages in the fourth quarter grew 3.2% on year.

Australia’s real per capita household consumption has declined for the eighth straight quarter, signalling the country’s ...

Oxford Economics Australia head of macroeconomic forecasting Sean Langcake said housing cost inflation was showing clear signs of easing. “New dwelling construction costs fell for a second ...

SYDNEY (Reuters) -Core inflation in Australia slowed to a three-year low in the first quarter as costs in the services sector cooled markedly, data showed on Wednesday, supporting the case for another ...

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The newswire reports economists and analysts are predicting the data will show core inflation falling faster than the Reserve Bank of Australia (RBA) has forecast. Ahead of the data’s release ...

SYDNEY (Reuters) -Australia Treasurer Jim Chalmers said the market was justified to expect more interest rate cuts after annual core inflation slowed to a three-year low, highlighting the decline ...

SYDNEY, April 30 (Reuters) - Core inflation in Australia slowed to a three-year low in the first quarter as costs in the services sector cooled markedly, data showed on Wednesday, supporting the ...