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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

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

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

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

Statement on Monetary Policy

10 May 2003 Bulletin – May 2003
Conditions are still expected to improve from the second half of this year, with growth returning to its long-run average in 2004. ... Table 1: World Growth. Year-average, percentage change. 2001. 2002. 2003. 2004.
https://www.rba.gov.au/publications/bulletin/2003/may/1.html

Semi-Annual Statement on Monetary Policy

10 May 1999 Bulletin – May 1999
less than consumer prices each year, reflecting the faster average productivity growth in the traded goods sector. ... wealth. Year-ended. growth. Average annual. growth since. December 1995. per cent.
https://www.rba.gov.au/publications/bulletin/1999/may/1.html

Statement on Monetary Policy

10 Aug 2004 Bulletin – August 2004
Table 1: World GDP Growth. Year-average, per cent. (a). 2002. 2003. ... Growth continues to broaden to domestic demand, which rose strongly over the year.
https://www.rba.gov.au/publications/bulletin/2004/aug/1.html

Semi-Annual Statement on Monetary Policy

10 Nov 1998 Bulletin – November 1998
Even interpretations of the US outlook, which will be so important to Australia's growth next year, are subject to quite frequent revisions. ... the Scandinavian countries (Sweden, Norway and Denmark). All English-speaking countries, including Australia,
https://www.rba.gov.au/publications/bulletin/1998/nov/1.html

Statement on Monetary Policy

10 Aug 2005 Bulletin – August 2005
Statement on Monetary Policy-August 2005
https://www.rba.gov.au/publications/bulletin/2005/aug/1.html

Statement on Monetary Policy

10 Nov 2001 Bulletin – November 2001
International Economic Developments. Global economic conditions have deteriorated through the year, with growth slowing in all major regions (Table 1). ... The New Zealand economy grew by 2 per cent in the June quarter, following a period of slow growth
https://www.rba.gov.au/publications/bulletin/2001/nov/1.html