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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
Jacqueline Dwyer and Kenneth Leong
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
Jacqueline Dwyer and Kenneth Leong
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
Jacqueline Dwyer and Kenneth Leong
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