Key Economic Indicators Snapshot Released on 5 December 2019

 

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Cash Rate

0.75%

Economic Growth

1.7%

Inflation

1.7%

Unemployment Rate

5.3%. Employment Growth is 2%

Wage Growth

2.2%

Average Weekly Earnings

$1,238. Household Saving Ratio is 4.8%.

Net Foreign Liabilities % of GDP

49.4%

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 1.6%