Loading page content
Data from Australian Bureau of Statistics. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia Wage Price Index YoY held to 3.2% in April 2026
Australian Bureau of StatisticsMonthlyReleased August 2026
Australia Wage Price Index YoY held to 3.2% in April 2026, released August 2026. The reading matched the 3.2% consensus. Wage Price Index YoY has now declined for 3 consecutive months. Wage Price Index YoY is now the lowest in 42 months.
Latest Release
3.2
Actual
3.2
Consensus
3.2
Previous
Median Absolute Error
±0.1 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: 3.2
Actual: 3.2
Error: +0
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| AUD/USD | ▲ Direct | +0.55 | FOREX | Moves with | → View |
| AUD/JPY | ▲ Direct | +0.45 | FOREX | Moves with | → View |
| AUD/NZD | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Moves with | → View |
| NZD/USD | ▲ Direct | +0.35 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Wage Price Index YoY (Australia) was reported at 3.2% in August 2026. This matched the market consensus of 3.2% exactly. The reading was unchanged from the previous release. Trailing 12-month context per ETL data through August 2026.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 3.3%, down from the prior three at 3.4%. In August readings over the past 3 years, Wage Price Index YoY has averaged 3.57%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with AUD/USD (Bullish AUD). A secondary relationship exists with AUD/JPY, positively correlated (Bullish AUD). Over the last 12 releases, the Sigmacast model's median absolute error is 0.1%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include CFTC AUD speculative net positions (Sep 18) and RBA Hunter Speech (Sep 21).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
SHARE
Wage Price Index YoY - AU
Loading chart data...
About Wage Price Index YoY — Australia
DEFINITION
The Wage Price Index YoY (Year-over-Year) is a key economic indicator that measures the change in wages and salaries over a 12-month period. It provides valuable insights into the overall trend of wage growth in an economy, and is used by policymakers, businesses, and investors to assess the health of the labor market and potential inflationary pressures. A higher Wage Price Index YoY indicates an increase in wages, which can lead to higher consumer spending and economic growth, while a lower index may signal stagnant wage growth and potential economic slowdown.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 3.2 %, consensus 3.2 %. Prior reading (Jan 2026): 3.3 %. Before that (Oct 2025): 3.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with AUD/USD (Bullish AUD, r=0.55) — a useful reference for forex-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - AU Events
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:00 | AU | Westpac Leading Index MoM | 0 | 0.2 | 0.25 | Low | |
| 01:00 | AU | Leading Index MoM | 0 | 0.2 | 0.20 | Low | |