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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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The International Environment

5 Aug 2022 SMP – August 2022
Since the May. Statement. , the forecast for year-average GDP growth in 2022 has been revised lower by around of a percentage point, to 3 per cent. ... The forecast for year-average GDP growth in 2023 remains unchanged at 3 per cent.
https://www.rba.gov.au/publications/smp/2022/aug/the-international-environment.html

Economic Outlook

5 Aug 2022 SMP – August 2022
Growth in Australia's major trading partners is expected to fall well below the pre-pandemic average this year, in part because measures to suppress China's COVID-19 outbreak have ... n/a). Year-average. 2021/22. 2022. 2022/23. 2023. 2023/24. 2024. GDP
https://www.rba.gov.au/publications/smp/2022/aug/economic-outlook.html

Economic Outlook

4 Aug 2022 SMP - August 2022 PDF 729KB
https://www.rba.gov.au/publications/smp/2022/aug/pdf/05-economic-outlook.pdf

The International Environment

4 Aug 2022 SMP - August 2022 PDF 1543KB
https://www.rba.gov.au/publications/smp/2022/aug/pdf/01-the-international-environment.pdf

Economic Outlook

6 May 2022 SMP – May 2022
Following a strong recovery from the depths of the pandemic, growth in the global economy is forecast to slow in the year ahead, to a little below the average rate of ... 2). Year-average. 2021. 2021/22. 2022. 2022/23. 2023. 2023/24. GDP growth. 4.7.
https://www.rba.gov.au/publications/smp/2022/may/economic-outlook.html

The International Environment

6 May 2022 SMP – May 2022
Year-average GDP growth is forecast to be about percentage point short of the ‘around 5.5 per cent’ GDP growth target announced by policymakers in March. ... Overall, growth in Australia's major trading partners in 2022 and 2023 is forecast to be
https://www.rba.gov.au/publications/smp/2022/may/the-international-environment.html

The International Environment

6 May 2022 SMP - May 2022 PDF 1881KB
https://www.rba.gov.au/publications/smp/2022/may/pdf/01-the-international-environment.pdf

Statement on Monetary Policy

6 May 2022 SMP - May 2022 PDF 5769KB
https://www.rba.gov.au/publications/smp/2022/may/pdf/statement-on-monetary-policy-2022-05.pdf

Economic Outlook

6 May 2022 SMP - May 2022 PDF 627KB
https://www.rba.gov.au/publications/smp/2022/may/pdf/05-economic-outlook.pdf

The International Environment

24 Feb 2022 SMP - February 2022 PDF 2337KB
https://www.rba.gov.au/publications/smp/2022/feb/pdf/01-the-international-environment.pdf