The rolling annual change of 10 key indicators feature in the Economic Snapshot for April 2023.
Please note that some indicators are not measured monthly, hence there may be come delays in the data that is readily available.
April 2022
0.10%
April 2023
3.60%
The cash rate has increased from 0.10% in April 2022, to 3.60% in April 2023.
March 2022
3.0%
December 2022
2.7%
GDP growth has decreased from 3.0% in the year ended March 2022, to 2.7% in the year ended December 2022.
March 2022
3.9%
March 2023
3.5%
Unemployment has decreased from 3.9% in March 2022, to 3.5% in March 2023.
March 2022
5.1%
March 2023
7.0%
Inflation has increased from 5.1% in the year ended March 2022, to 7.0% in the year ended March 2023.
December 2021
2.4%
December 2022
3.3%
Wage growth has increased from 2.4% in the year ended December 2021, to 3.3% in the year ended December 2022.
November 2021
$1 748.40
November 2022
$1 807.70
Average weekly earnings (full-time adult ordinary time) have increased from $1 748.40 in November 2021, to $1 807.70 in November 2022.
March 2022
0.74 USD
March 2023
0.67 USD
The Australian Dollar has depreciated from 0.74 USD in March 2022, to 0.67 USD in March 2023.
June 2022
26.0 million
April 2023
26.5 million
Australia's population increased from 26.0 million people in June 2022, to 26.5 million people in April 2023.
December 2021
966%
December 2022
878%
Household wealth as a share of income has decreased from 966% in December 2021, to 878% in December 2022.
December 2021
188%
December 2022
188%
Household debt as a share of income has remained unchanged between December 2021 and December 2022.
Cash Rate
GDP Growth, Unemployment & Inflation
https://www.abs.gov.au/statistics/economy/key-indicators
https://www.rba.gov.au/education/resources/digital-interactives/snapshot-comparison/
https://tradingeconomics.com/australia/indicators
Wage Growth
https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/wage-price-index-australia
Average Weekly Earnings
Australian Dollar
https://www.rba.gov.au/education/resources/digital-interactives/snapshot-comparison/
Population
https://www.rba.gov.au/education/resources/digital-interactives/snapshot-comparison/
https://www.abs.gov.au/AUSSTATS/abs%40.nsf/Web%2BPages/Population%2BClock?opendocument=&ref=HPKI
Household Wealth & Household Debt as a Share of Income
https://www.rba.gov.au/education/resources/digital-interactives/snapshot-comparison/
You can find previously completed Economic Snapshots here.
