Australia wage costs climb 2.1% on year in Q2
That was unchanged from the previous three months, and it exceeded forecasts for 2.0 percent.
On a quarterly basis, wage growth gained 0.5 percent - in line with expectations and up from 0.4 percent in the three months prior.
Wage growth in the private sector added 0.5 percent on quarter and 2.0 percent on year, while growth in the public sector gained 0.6 percent on quarter and 2.4 percent on year. ■