Job ads dropped back on the February strength.
ANZ comments on today's release:
- ANZ Job Ads, ABS job vacancies, job change expectations and other indicators all point to further solid employment gains and upward pressure on wages growth.
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Earlier, CPI indications from Australia, the y/y trimmed mean (that core data is in the body of post) was solid but base effects took it lower from the February reading.
Australia, monthly inflation gauge (March): Headline inflation : +0.8% m/m to 4.0% y/y
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Note that tomorrow will bring the Reserve Bank of Australia policy decision. They'll stay well behind the curve: