actual 0.3, previous 0.4
The event is the "Average Hourly Earnings MoM (Month-over-Month) for December" in the United States. It is scheduled for January 10, 2025, at 13:30 GMT.
- **Unit**: Percentage (%)
- **Impact**: Medium
- **Currency**: USD
- **Country**: US
- **Previous**: 0.4
- **Estimate**: 0.3
- **Actual**: 0.3
- **Change**: -0.1
- **Change Percentage**: -25%
This event measures the change in the average hourly earnings of US workers from the previous month. In this case, the actual value of 0.3% is slightly lower than both the previous value of 0.4% and the estimated value of 0.3%. The negative change of -0.1% indicates a slight decrease in average hourly earnings compared to the previous month.
Given the medium impact of this event, it could influence market sentiment and trading in USD-related instruments. Traders and analysts will likely pay attention to this data point to gauge the health of the US labor market and its potential impact on inflation and monetary policy.