New data Average Hourly Wages YoY (Dec)

1/10/2025

actual 3.7, previous 3.9

The event is the "Average Hourly Wages YoY (Year-over-Year) for December" in Canada. The actual value reported is 3.7%, which is a decrease of 0.2% from the previous value of 3.9%. The market consensus or estimate was 3.9%, so the actual value came in slightly below expectations. This economic indicator measures the annual percentage change in the average hourly wages of Canadian workers.

Given that the impact of this event is categorized as "Low," the market reaction to this slight decrease in average hourly wages may be limited. However, it could still provide insights into the overall health of the Canadian labor market and may have implications for consumer spending and inflation trends in the country.

This is not investment advice. Remember to verify the information provided here.