Wage costs in Australia advanced in Q3

Note: This section contains information in English only.
Source: RTT News
© Scanpix/Reuters
According to the Australian Statistical Bureau data, the cost of employing labor in Australia increased 0.5% in July-September quarter of the current year. Meanwhile, experts forecasted the wage cost index to add 0.7%, the same as a quarter ago. Moreover, the wage costs jumped 2.7%, comparing with the same period of the previous year, and that also came below predictions of a 2.9% growth.
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