What exactly is the wage price index? Wage inflation? So if the WPI is at +4.1%, does that mean that wages at 4.1% higher? I am so screwed for economics.
I'm not sure if I'm having a mental blank or really just do not know this. Does a fall in inflation lead to increased demand for the $A? My thinking is that it does as a fall in inflation leads to reduced export prices? Is that right? :S