If the see-sawing economy has turned you into a numbers nerd, you’ll be super into the highly-anticipated wages data from the Bureau of Statistics yesterday. Why’s the data so hot? Economists were worried that strong wage growth would cause more spending, which would inflate prices, which would lead to the Reserve Bank ramping up interest rates again… But yesterday’s stats showed wages were up 0.8% between January-March, adding up to a 3.8% rise since last March – and analysts reckon that means we might avoid that wage-price spiral. That wasn’t the only bit of wages news yesterday: the Fair Work Commission is now considering how much to raise the minimum wage, and the unions are calling for a rise in line with inflation, roughly 7%. To be continued…