Key Economic Indicators Snapshot

Data in this snapshot are the latest available as at 9 March 2023.

 

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Cash Rate Target

3.6%

Economic Growth

2.7%

Inflation

7.8%

Unemployment Rate

3.7%. Employment Growth is 3.3%

Wage Growth

3.3%

Average Weekly Earnings

$1,378.60 Household Saving Ratio is 4.5%.

Net Foreign Liabilities percentage of GDP

36.0%

1 Australian dollar

is equal to US$0.69

China GDP Growth 2.9%

G7 GDP Growth (that includes Canada, France, Germany, Italy, Japan, United Kingdon and United States) is 0.9%.