Weekly Economic Perspectives: Aussie Wage Inflation Back to Pre-Covid Levels

Chief Economist
Investment Strategist

The Economy

  • The US household saving rate drops sharply.
  • UK consumer confidence slumps.
  • German economy contracts less than expected.
  • Japanese manufacturing slows.
  • Australian wage inflation is back to pre-Covid levels.

Spotlight On Next Week

  • Decent employment gains in the US.
  • The BoC likely to raise rates.
  • Q4 GDP rebound in Australia.

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