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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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Potential Growth and Rebalancing in China

18 Jun 2015 Bulletin – June 2015
Cai Fang and Ivan Roberts
In rapidly growing emerging economies such as China, it can be difficult to distinguish changes in long-term trends in growth from short-term macroeconomic cycles. This article provides a narrative account of recent phases in Chinese economic growth,
https://www.rba.gov.au/publications/bulletin/2015/jun/4.html

Monetary Policy and Economic Growth

22 Feb 2001 Bulletin PDF 44KB
29. average growth rate of 3.5 per cent. This isvery good by the standards of the ‘high incomeOECD countries’. ... a start, that six-year average of31/2 per cent contains years like the past12 months where we have achieved only2.4 per cent, but there
https://www.rba.gov.au/publications/bulletin/1997/aug/pdf/bu-0897-2.pdf

Statement on Monetary Policy

10 Feb 2004 Bulletin – February 2004
Overall, the growth of the economy has been driven by well-above-average growth in domestic spending, while the main factors that were holding back growth, particularly in the period up ... Table 1: World GDP Growth. Year-average, per cent. 2002. 2003.
https://www.rba.gov.au/publications/bulletin/2004/feb/1.html

Bulletin March Quarter 2023

8 Jun 2023 Bulletin - March 2023 PDF 7038KB
https://www.rba.gov.au/publications/bulletin/2023/mar/pdf/bulletin-2023-03.pdf

Quarterly Report on the Economy and Financial Markets

10 Apr 1995 Bulletin – April 1995
Graph 19. The strong growth in employment over the past year has reduced the rate of unemployment more rapidly than had been expected a year ago. ... Salaries for managers and executives appear to have outpaced average earnings growth in 1994, as in most
https://www.rba.gov.au/publications/bulletin/1995/apr/1.html

The Labour Market | Conference – 1990

21 Jun 1990 Conferences
Bruce Chapman
In that exercise it is noted that while employment growth averaged 3.62 per cent per year from 1983–89, the measured unemployment rate fell on average by only 0.66 ... Table 2 reinforces this through the presentation of proportions and rates of growth
https://www.rba.gov.au/publications/confs/1990/chapman.html

Inflation and Disinflation in Australia: 1950–91 | Conference – 1992

31 Dec 1950 Conferences
Glenn Stevens
Figure 4 shows a comparison of growth in consumer prices and average weekly earnings. ... Waterman (1972) dates the downturn as beginning in late 1951. Its full effect in the year average figures available in the national income accounts show up in the
https://www.rba.gov.au/publications/confs/1992/stevens.html

When is a Housing Market Overheated Enough to Threaten Stability? | Conference – 2012

20 Aug 2012 Conferences
John Muellbauer
In econometric work on housing prices in Norway using the inverse demand approach, Anundsen finds that the four-year average rate of appreciation in an expression for user cost also gives ... In current research on France, Chauvin and Muellbauer (2012)
https://www.rba.gov.au/publications/confs/2012/muellbauer.html

Bulletin June Quarter 2021

18 Aug 2021 Bulletin - June 2021 PDF 10067KB
https://www.rba.gov.au/publications/bulletin/2021/jun/pdf/bulletin-2021-06.pdf

Statement on Monetary Policy

10 Feb 2005 Bulletin – February 2005
The latest Consensus forecasts are for global growth of 4.2 per cent in 2005, implying another year of well-above average growth (Table 1). ... Table 1: World GDP Growth. Year-average, per cent. (a). 2003. 2004.
https://www.rba.gov.au/publications/bulletin/2005/feb/1.html