Key Economic Indicators Snapshot

Data in this snapshot are the latest available as at 7 September 2023.

 

Download the complete Snapshot 730KB

Cash Rate Target

4.10%

Economic Growth

2.1%

Inflation

6.0%

Unemployment Rate

3.7%. Employment Growth is 2.8%

Wage Growth

3.6%

Average Weekly Earnings

$1,399.10 Household Saving Ratio is 3.2%.

Net Foreign Liabilities percentage of GDP

32.9%

1 Australian dollar

is equal to US$0.65

China GDP Growth 6.3%

G7 GDP Growth (that includes Canada, France, Germany, Italy, Japan, United Kingdon and United States) is 1.7%.