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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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Economic Outlook

9 Feb 2023 SMP - February 2023 PDF 620KB
https://www.rba.gov.au/publications/smp/2023/feb/pdf/05-economic-outlook.pdf

The International Environment

4 Feb 2022 SMP – February 2022
Graph 1.3. GDP in Australia's major trading partners is projected to exceed its historical average in 2022 (with year-average growth of 4 per cent), before easing to a ... Graph 1.8. Fiscal policy has weighed on growth in China over the past year.
https://www.rba.gov.au/publications/smp/2022/feb/the-international-environment.html

Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment

30 Nov 2021 RDP 2021-11
Gianni La Cava
A negative sentiment shock would cause firms to expect average growth to fall. ... Figure 4: Decomposition of Corporate Sentiment. Company level, financial year average. Notes: (a) Net balance of positive and negative words per 10,000 words.
https://www.rba.gov.au/publications/rdp/2021/2021-11/full.html
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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

Statement on Monetary Policy

12 Feb 2023 SMP - February 2023 PDF 7754KB
https://www.rba.gov.au/publications/smp/2023/feb/pdf/statement-on-monetary-policy-2023-02.pdf

Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment

25 Nov 2021 RDP PDF 1696KB
would cause firms to expect average growth to fall. A negative uncertainty shock would lead firms. ... 11. Figure 4: Decomposition of Corporate Sentiment. Company level, financial year average.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-11.pdf

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

The International Environment

5 May 2023 SMP - May 2023 PDF 2793KB
https://www.rba.gov.au/publications/smp/2023/may/pdf/01-the-international-environment.pdf

Economic Outlook

3 Nov 2022 SMP - November 2022 PDF 632KB
https://www.rba.gov.au/publications/smp/2022/nov/pdf/05-economic-outlook.pdf

The International Environment

9 Feb 2023 SMP - February 2023 PDF 2017KB
https://www.rba.gov.au/publications/smp/2023/feb/pdf/01-the-international-environment.pdf