Key Economic Indicators Snapshot

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

 

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Cash Rate Target

4.35%

Economic Growth

2.1%

Inflation

5.4%

Unemployment Rate

3.6%. Employment Growth is 2.9%

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$0.64

China GDP Growth 4.9%

G7 GDP Growth (that includes Canada, France, Germany, Italy, Japan, United Kingdon and United States) is 1.6%.