Australian Wages Growth Slows Down, Easing Inflation Concerns 📉
Recent data reveals Australian wages are still declining, with inflation outpacing pay raises. This slowdown may reduce fears of an inflationary spiral.
ABC NEWS (Australia)
9.7K views • Aug 15, 2023
About this video
Australian wages are still going backwards with the latest numbers showing inflation is still far outstripping pay increases. The weaker-than-expected figures have diminished the chances of further rate hikes but there's still little relief on the horizon for families struggling to make ends meet.
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Views
9.7K
Duration
1:39
Published
Aug 15, 2023
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