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Average Weekly Earnings / Wages by Country
Latest released Average Weekly Earnings / Wages value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.
/api/v1/announcements/{currency}/wages. Non-USD endpoints require an API key query parameter.| Country / Currency | Latest | Previous | Change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|
|
United Kingdom
GBP · British Pound
|
4.4
|
4.4
|
● 0 | Monthly | %YoY | ONS | |
|
United States
USD · US Dollar
|
3.4
|
3.6
|
▼ -0.2 | Monthly | %YoY | BLS | |
|
Australia
AUD · Australian Dollar
|
3.3
|
3.4
|
▼ -0.1 | Quarterly | %YoY | ABS | |
|
Canada
CAD · Canadian Dollar
|
— | — | — | — | Monthly | %YoY | Statistics Canada |
|
Denmark
DKK · Danish Krone
|
— | — | — | — | Quarterly | %YoY | Statistics Denmark |
|
Sweden
SEK · Swedish Krona
|
— | — | — | — | Monthly | %YoY | Statistics Sweden |
What is Average Weekly Earnings / Wages?
Wages — average hourly earnings (US), average weekly earnings (UK, AU), wage price index (AU), and labour cost indices in the eurozone — measure the pace at which pay is rising across the economy. They are the primary feedstock for services inflation.
Why it matters for FX
Wage growth is the single most important variable for services inflation, which is the stickiest component of CPI. Central banks need to see wages slowing toward levels consistent with the inflation target before they cut decisively. Sustained above-target wage growth therefore supports the currency through a more hawkish reaction function.
How to read this page
Compare year-over-year wage growth to the central bank's implicit comfort zone (often around 3-3.5 percent for 2 percent inflation targets, depending on productivity). Real wages (nominal minus inflation) matter for consumer spending power.
What to watch for
- Year-over-year vs month-over-month tradeoff
- Composition effects when low-wage sectors expand or shrink
- Real wage growth turning positive after a CPI peak
- Negotiated / collectively-bargained wages (eurozone)
- Atlanta Fed wage tracker for US median continuous worker
AI Answer-Ready
Key Facts
- Page
- Wages
- Section
- Indicators
- Canonical URL
- https://fxmacrodata.com/indicators/wages
- Source
- FXMacroData editorial and official publisher references
- Last Updated
- See page metadata
Provenance And Trust
Cite the canonical URL and source field above. Where available, this page maps to official publisher releases and timestamped updates.
Quick Q&A
What is this page about? This page explains Wages with directly usable context for trading, research, and API workflows.
What source should be cited? Use the canonical URL and the listed source field; cite official publisher references when available.
How fresh is this content? The last updated value above reflects the page metadata or latest available data timestamp.
Can this be used in AI assistants? Yes. This section is intentionally structured for retrieval and citation in chat assistants.
Prompt Packs
Use these in ChatGPT, Claude, Gemini, Mistral, Perplexity, or Grok for consistent source-aware outputs.