Key Economic Indicators Snapshot

Data in this snapshot are the latest available as at 3 August 2022.

 

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Cash Rate Target

1.85%

Economic Growth

3.3%

Inflation

6.1%

Unemployment Rate

3.5%. Employment Growth is 3.3%.

Wage Growth

2.4%

Average Weekly Earnings

$1,328.90 Household Saving Ratio is 11.4%.

Net Foreign Liabilities percentage of GDP

37.8%

1 Australian dollar

is equal to US$0.69

China GDP Growth 0.4%

G7 GDP Growth (that includes Canada, France, Germany, Italy, Japan, United Kingdon and United States) is 3.8%.