Key Economic Indicators Snapshot

Data in this snapshot are the latest available as at 8 February 2024.

 

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Cash Rate Target

4.35%

Economic Growth

2.1%

Inflation

4.1%

Unemployment Rate

3.9%. Employment Growth is 2.8%

Wage Growth

4.0%

Average Weekly Earnings

$1,399.10 Household Saving Ratio is 1.1%.

Net Foreign Liabilities percentage of GDP

31.5%

1 Australian dollar

is equal to US$0.67

China GDP Growth 5.2%

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