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RBA Glossary definition for tradables

tradables – Tradable items are things whose prices are largely determined on the world market like oil, motor vehicles and clothing. As such, the prices of tradable items are heavily influenced by exchange rate movements. By comparison, non-tradables refers to things that are not readily exported or imported, like medical services, housing and haircuts. As such, their prices are largely determined domestically.

RBA Glossary definition for non-tradables

non-tradables – Non-tradables refers to things that are not readily exported or imported, like medical services, housing and haircuts. As such, their prices are largely determined domestically. By comparison, tradable items are things whose prices are largely determined on the world market like oil, motor vehicles and clothing. As such, the prices of tradable items are heavily influenced by exchange rate movements, whereas the prices of non-tradables largely reflect domestic factors.

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The Determinants of Non-tradables Inflation

18 Sep 2014 Bulletin – September 2014
David Jacobs and Thomas Williams
This article examines the factors that explain inflation in prices of non-tradable items in the CPI. Non-tradable goods and services by definition have relatively little exposure to international competition. Consequently, their prices are more
https://www.rba.gov.au/publications/bulletin/2014/sep/4.html

The Determinants of Non-tradables Inflation

17 Sep 2014 Bulletin September Quarter 2014 PDF 391KB
https://www.rba.gov.au/publications/bulletin/2014/sep/pdf/bu-0914-4.pdf

Implications for the Australian Economy of Strong Growth in Asia

2 Feb 2015 RDP PDF 628KB
This will depend in part on the degree of substitutability of labour across the different sectors, as well as the substitutability between tradables and non-tradables in consumption. ... fall in the price of tradable goods and services relative to the
https://www.rba.gov.au/publications/rdp/2013/pdf/rdp2013-03.pdf

September | 2014

18 Sep 2014 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2014/sep/

Statement on Monetary Policy

10 Aug 2004 Bulletin – August 2004
Over recent quarters the pass-through of the earlier appreciation of the New Zealand dollar has helped to mask the impact of rising inflation in the non-tradables sector. ... Non-Japan Asian share prices have fallen 3 per cent on average over the past
https://www.rba.gov.au/publications/bulletin/2004/aug/1.html

Conclusion

31 Dec 2011 RDP 2011-08
Ellis Connolly and David Orsmond
Although the associated rise in spending has been a benefit to the Australian economy, it has also led to pressure on the price of non-tradables, and a large increase in ... the factors of production for the non-mining sector and its income effects.
https://www.rba.gov.au/publications/rdp/2011/2011-08/conclusion.html
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The Openness Equation

31 Dec 2004 RDP 2004-11
Simon Guttmann and Anthony Richards
While it is conceivable that the price of tradables across countries will approximately follow the law of one price, there is ample evidence that this does not hold for the price ... of non-tradables.
https://www.rba.gov.au/publications/rdp/2004/2004-11/openness-equation.html

Abstract for Australia's Productivity Performance and Real Incomes

10 Jun 2012 Bulletin – June 2012
Patrick D'Arcy and Linus Gustafsson
In contrast, the weakness in productivity growth outside of the mining industry has imposed a cost on the domestic economy, in part through higher non-tradables prices.
https://www.rba.gov.au/publications/bulletin/2012/jun/bu-0612-3a.html

Terms of Trade Shocks: What are They and What Do They Do?

21 Dec 2011 RDP PDF 650KB
the negative response of consumerprice inflation appears to be mainly driven by the response of the tradablecomponent, which is slightly offset by the positive response from the non-tradables component. ... Non-tradables CPI (pnt): seasonally adjusted non
https://www.rba.gov.au/publications/rdp/2011/pdf/rdp2011-05.pdf

Australia's Productivity Performance and Real Incomes

10 Jun 2012 Bulletin – June 2012
Patrick D'Arcy and Linus Gustafsson
to somewhat stronger non-tradables inflation over the past decade compared with the 1990s. ... This compares with non-tradables inflation of around 3 per cent on average between 1994/95 and 2004/05, and overall inflation of 2 per cent.
https://www.rba.gov.au/publications/bulletin/2012/jun/3.html