Key Economic Indicators Snapshot Released on 7 August 2019

 

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Cash Rate

1.00%

Economic Growth

1.8%

Inflation

1.6%

Unemployment Rate

5.2%. Employment Growth is 2.4%

Wage Growth

2.3%

Average Weekly Earnings

$1,225. Household Saving Ratio is 2.8%.

Net Foreign Liabilities % of GDP

51%

1 Australian dollar

is equal to US$0.68

China GDP Growth

6.2%. G7 GDP Growth (that includes Canada, France, Germany, Italy, Japan, United Kingdon and United States) is 1.8%