Key Economic Indicators Snapshot

Data in this snapshot are the latest available as at 3 November 2020.

 

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Cash Rate Target

0.10%

Economic Growth

-6.3%

Inflation

-0.7%

Unemployment Rate

6.9%. Employment Growth is -2.8%.

Wage Growth

1.8%

Average Weekly Earnings

$1,305. Household Saving Ratio is 19.8%.

Net Foreign Liabilities percentage of GDP

45.3%

1 Australian dollar

is equal to US$0.70

China GDP Growth

-11.9%. G7 GDP Growth (that includes Canada, France, Germany, Italy, Japan, United Kingdon and United States) is 4.9%.