STATEMENT ON MONETARY POLICY – AUGUST 2008

Contents

Introduction

International Economic Developments

Box A: Global Food Prices

International and Foreign Exchange Markets

Domestic Economic Conditions

Domestic Financial Markets

Box B: The Domestic Credit-wrapped Bond Market

Price and Wage Developments

Box C: Inflation in Australia and Other Industrial Economies

Economic Outlook

List of graphs

List of tables

The material in this Statement on Monetary Policy was finalised on 7 August 2008. The next Statement is due for release on 10 November 2008.

The Statement on Monetary Policy is published quarterly in February, May, August and November each year. All the Statements are available on the website when released and are reproduced in the following issue of the Bulletin. Expected release dates are advised ahead of time on the Bank’s website. For copyright and disclaimer notices relating to data in the Statement see the Bank’s website.

ISSN 1448–5133 (Print)
ISSN 1448–5141 (Online)

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