Download the full Asia-Pacific Daily Briefing Australia is joining a growing list of economies proving that the final mile of bringing down inflation is the hardest. Having sprinted lower in the back end of 2023, headline inflation is struggling to keep that momentum going. In March, inflation ticked up to 3.5% year over year from 3.4% in January and February. That uptick moderated progress across the full March quarter; we and the markets had expected...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Private Consumption | 2023 Q4 | 298,297 | 298,026 | Mil. Ch. FY 2022 AUD, SA | Quarterly |
Private Consumption | 2023 Q4 | 331,154 | 328,210 | Mil. AUD, SA | Quarterly |
Nominal Gross Domestic Product | 2023 Q4 | 665,426 | 656,059 | Mil. AUD, SA | Quarterly |
Real Gross Domestic Product | 2023 Q4 | 609,750 | 608,293 | Mil. Ch. FY 2022 AUD, SA | Quarterly |
Real Government Consumption | 2023 Q4 | 134,015 | 133,274 | Mil. Ch. FY 2022 AUD, SA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2023 Q4 | 144,342 | 144,675 | Mil. Ch. FY 2022 AUD, SA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2023 Q4 | 161,568 | 160,472 | Mil. AUD, SA | Quarterly |
Government Consumption | 2023 Q4 | 146,533 | 143,790 | Mil. AUD, SA | Quarterly |
Real Investment | 2017 | 421,493,000,000 | 419,805,000,000 | NCU | Annual |
Investment | 2017 | 424,279,000,000 | 419,805,000,000 | NCU | Annual |
Price | Reference | Last | Previous | Units | Frequency |
Producer Price Index (PPI) | 2024 Q1 | 129.4 | 128.2 | Index FY 2012=100, NSA | Quarterly |
Consumer Price Index (CPI) | 2024 Q1 | 137.4 | 136.1 | Index FY 2012=100, NSA | Quarterly |
Labor | Reference | Last | Previous | Units | Frequency |
Agriculture Employment | 2024 Q1 | 332.05 | 309.79 | Ths. #, NSA | Quarterly |
Labor Force | 2017 | 12,910,684 | 12,741,985 | # | Annual |
Unemployment Rate | 2017 | 5.59 | 5.72 | % of total labor force | Annual |
Wage & Salaries | 2016 | 47,610,000,000 | 45,343,000,000 | NCU | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Exports of Goods | Feb 2024 | 45,520 | 46,561 | Mil. AUD, SA | Monthly |
Imports of Goods | Feb 2024 | -38,239 | -36,503 | Mil. AUD, SA | Monthly |
Imports of Goods and Services | 2023 Q4 | 137,004 | 140,638 | Mil. AUD, SA | Quarterly |
Real Imports of Goods and Services | 2023 Q4 | 126,137 | 130,524 | Mil. Ch. FY 2022 AUD, SA | Quarterly |
Real Exports of Goods and Services | 2023 Q4 | 163,946 | 164,402 | Mil. Ch. FY 2022 AUD, SA | Quarterly |
Real Net Exports | 2023 Q4 | 37,809 | 33,878 | Mil. Ch. FY 2022 AUD, SA | Quarterly |
Net Exports | 2023 Q4 | 32,362 | 24,171 | Mil. AUD, SA | Quarterly |
Exports of Goods and Services | 2023 Q4 | 169,366 | 164,809 | Mil. AUD, SA | Quarterly |
Current Account Balance | 2023 Q4 | 11,800 | 1,276 | Mil. AUD, SA | Quarterly |
Balance of Goods | Aug 2023 | 9,640 | 7,324 | Mil. AUD, SA | Monthly |
Government | Reference | Last | Previous | Units | Frequency |
Outstanding Public Debt | Feb 2024 | 3,619 | 3,601 | Bil. AUD, SA | Monthly |
Markets | Reference | Last | Previous | Units | Frequency |
Monetary Policy Rate | 26 Apr 2024 | 4.35 | 4.35 | Percent, NSA | Daily |
Money Market Rate | 23 Apr 2024 | 4.32 | 4.32 | Percent, NSA | Business Daily |
Average Long-term Government Bond | 17 Apr 2024 | 4.38 | 4.33 | %, NSA | Business Daily |
Stock Market Index | 04 Jan 2024 | 7,730 | 7,757 | Index, NSA | Daily |
Lending Rate | Nov 2019 | 4.8 | 4.8 | % p.a., NSA | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
Residential Building Permits | Feb 2024 | 12,520 | 12,765 | #, SA | Monthly |
Non-residential Building Completions | 2023 Q4 | 14,572,027 | 13,883,743 | Ths. Ch. AUD, SA | Quarterly |
Building Completions | 2023 Q4 | 34,296,918 | 34,685,058 | Ths. Ch. AUD, SA | Quarterly |
Residential Building Completions | 2023 Q4 | 16,954,994 | 17,804,137 | Ths. Ch. AUD, SA | Quarterly |
Housing Starts | 2023 Q4 | 23,597 | 22,912 | #, SA | Quarterly |
Residential Housing Starts | 2023 Q4 | 14,234 | 14,541 | #, SA | Quarterly |
House Price Index | 2021 Q4 | 195.45 | 187.05 | Index FY 2012=100, SA | Quarterly |
House Price Value | 2021 Q2 | 619,804 | 590,891 | AUD, NSA | Quarterly |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | Apr 2024 | 82.44 | 84.44 | Index, SA | Monthly |
Personal Income | 2023 Q4 | 17,716 | 17,579 | Mil. Ch. FY 2022 AUD, SA | Quarterly |
Retail Sales | Aug 2023 | 35,432 | 35,370 | Mil. AUD, SA | Monthly |
Real Retail Sales | 2021 Q2 | 87,049 | 86,391 | Mil. Ch. FY 2019 AUD, SA | Quarterly |
Business | Reference | Last | Previous | Units | Frequency |
Real Change in Inventories | 2023 Q4 | -2,709 | -640 | Mil. Ch. FY 2022 AUD, SA | Quarterly |
Change in Inventories | 2023 Q4 | -4,003 | 407 | Mil. AUD, SA | Quarterly |
Industrial Production | 2023 Q4 | 100.5 | 100.1 | Index FY 2022=100, SA | Quarterly |
Business Confidence | Aug 2023 | 100.23 | 100.1 | Index long term avg=100, SA | Monthly |
Demographics | Reference | Last | Previous | Units | Frequency |
Births | 2023 Q3 | 74.7 | 71.1 | Ths. #, NSA | Quarterly |
Deaths | 2023 Q3 | 47.2 | 46.2 | Ths. #, NSA | Quarterly |
Population | 2023 Q3 | 26,821,557 | 26,648,878 | #, NSA | Quarterly |
Net Migration | 2017 | 849,966 | # | Annual | |
Birth Rate | 2016 | 12.5 | # per Ths. pop. | Annual | |
Death Rate | 2005 | 6.4 | 6.5 | # per Ths. pop. | Annual |