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RBA Glossary definition for year-average growth

year-average growth – The rate of change between the year and the previous year, where the year is typically a calendar year or a financial year. For example 'year-average growth 2011/12' means the percentage change between the financial year 2010/11 and the financial year 2011/12. It can also be referred to as 'growth in the year'.

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Statement on Monetary Policy

10 Nov 2003 Bulletin – May 2003
According to a range of surveys, business confidence has now risen to levels consistent with well-above-average growth of the economy, with profits, sales and employment all reported to have ... Graph 1. Table 1: World Growth. Year-average, percentage
https://www.rba.gov.au/publications/bulletin/2003/nov/1.html

Statement on Monetary Policy

10 May 2004 Bulletin – May 2004
Business surveys reported above-average conditions in the March quarter, though down a little from the end of last year. ... Table 1: World GDP Growth. Year-average, per cent. 2002. 2003. 2004.
https://www.rba.gov.au/publications/bulletin/2004/may/1.html

China's Evolving Demand for Commodities

28 Oct 2016 Conferences PDF 706KB
RBA Conference Volume 2016
https://www.rba.gov.au/publications/confs/2016/pdf/rba-conference-volume-2016-roberts-saunders-spence-cassidy.pdf

Commodity Prices and Macroeconomic Policy: An Australian Perspective

10 Jul 2008 Bulletin – July 2008
Glenn Stevens
Table 1: Commodity Prices. Year average. Currency/unit. 2000. 2004. 2008. (a). ... 157. 385. (a) January to May. (b) Year average based on Japanese fiscal year beginning 1 April.
https://www.rba.gov.au/publications/bulletin/2008/jul/2.html

Forecasting Business Investment Using the Capital Expenditure Survey

10 Sep 2012 Bulletin – September 2012
Natasha Cassidy, Emma Doherty and Troy Gill
To assess the usefulness of Capex expectations, the errors of Capex year-average growth expectations (based on the regression approach) relative to actual growth in the national accounts measure can be ... compared with two naïve forecasts: year-average
https://www.rba.gov.au/publications/bulletin/2012/sep/1.html

Statement on Monetary Policy

10 Feb 2003 Bulletin – February 2003
Under normal circumstances, conditions of above-average growth in domestic demand such as those prevailing over the past year would have suggested a case for moving to a less expansionary setting, ... year. Growth in sales of household goods eased in the
https://www.rba.gov.au/publications/bulletin/2003/feb/1.html

How Will Ageing Affect the Structure of Financial Markets? | Conference – 2006

23 Jul 2006 Conferences
E Philip Davis
McMorrow and Roeger (2003) find an average elasticity of 0.75 across existing studies. ... A further robustness check was to change the specification to one where the dependent variable is a five-year average and the lagged variables are the ‘initial
https://www.rba.gov.au/publications/confs/2006/davis.html

Price-setting Behaviour – Insights from Australian Firms

10 Jun 2010 Bulletin – June 2010
Anna Park, Vanessa Rayner and Patrick D'Arcy
34. 49. Large. 66. 51. (a) Industry shares are calculated using a five-year average of the ratio of industry gross value added to GDP(P), from June 2001 to ... While the share of firms citing cost pressures continued to drift higher into 2008, demand
https://www.rba.gov.au/publications/bulletin/2010/jun/2.html

Measures of Inflation Expectations in Australia

15 Dec 2016 Bulletin – December 2016
Angus Moore
Inflation expectations have an important influence on wage growth and price inflation. Expectations differ across agents and time and, accordingly, the Reserve Bank monitors a range of measures. This article discusses why inflation expectations are
https://www.rba.gov.au/publications/bulletin/2016/dec/3.html

Is Our Current International Economic Environment Unusually Crisis Prone? | Conference – 1999

9 Aug 1999 Conferences
Michael Bordo and Barry Eichengreen
For each country we calculate the growth rate in the crisis year relative to its trend over the five years preceding the crisis; crisis-year growth relative to its three-year ... By these measures, the fall in output in the recent Asian crises was
https://www.rba.gov.au/publications/confs/1999/bordo-eichengreen.html