Search: G7
RBA Glossary definition for G7
G7 – Group of Seven countries: Canada, France, Germany, Italy, Japan, UK and the USA. The G7 deals with issues of primary interest to developed economies.
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Appendix A: Data
31 Dec 2001
RDP
2001-02
Foreign export prices. Definition:. Nominal GDP weighted-average of G7 export price indices. ... Calculated as the ratio of nominal and real G7 import-weighted exchange rates.
https://www.rba.gov.au/publications/rdp/2001/2001-02/appendix-a.html
Appendix B: First Stage Import Price Equation
31 Dec 2001
RDP
2001-02
b) The trend captures the shift in imports towards lower-priced goods from non-G7 countries.
https://www.rba.gov.au/publications/rdp/2001/2001-02/appendix-b.html
Influences on Inflation
31 Dec 2001
RDP
2001-02
stage pass-through using the currency and export prices of these G7 countries, rather than those of a broader group. ... imports towards lower-priced goods from non-G7 countries (particularly those in Asia).
https://www.rba.gov.au/publications/rdp/2001/2001-02/influences-on-inflation.html