The rolling annual change of 10 key economic indicators feature in the Economic Snapshot for August 2022.
Please note that some indicators are not measured monthly, hence there may be some delays in the data that is readily available.
August 2021
0.10%
August 2022
1.85%
The cash rate has increased from 0.10% in August 2021, to 1.85% in August 2022.
March 2021
1.8%
March 2022
3.3%
GDP Growth has increased from 1.8% in the year ended March 2021, to 3.3% in the year ended March 2022.
July 2021
4.6%
July 2022
3.4%
Unemployment has decreased from 4.6% in July 2021, to 3.4% in July 2022.
June 2021
3.8%
June 2022
6.1%
Inflation has increased from 3.8% in the year ended June 2021, to 6.1% in the year ended June 2022.
June 2021
1.7%
June 2022
2.6%
Wage Growth has increased from 1.7% in the year ended June 2021, to 2.6% in the year ended June 2022.
May 2021
$1 736.80
May 2022
$1 769.80
Average weekly earnings (full-time adult ordinary time) have increased from $1 736.80 in May 2021, to $1 769.80 in May 2022.
August 2021
$0.74
August 2022
$0.70
The Australian Dollar has weakened relative to the US Dollar from $0.74 USD in August 2021, to $0.70 USD in August 2022.
June 2021
25.7 million
August 2022
26.0 million
Australia's population increased from 25.7 million people in June 2021, to 26.0 million in August 2022.
March 2021
841%
March 2022
957%
Household wealth as a share of income has increased from 841% in March 2021, to 957% in March 2022.
March 2021
179%
March 2022
187%
Household debt as a share of income has increased from 179% in March 2021, to 187% in March 2022.
Cash Rate https://www.rba.gov.au/
GDP Growth, Unemployment and Inflation
https://www.abs.gov.au/statistics/economy/key-indicators
https://www.rba.gov.au/education/resources/digital-interactives/snapshot-comparison/
Wage Growth
https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/wage-price-index-australia
https://www.rba.gov.au/education/resources/digital-interactives/snapshot-comparison/
Average Weekly Earnings
Australian Dollar
https://www.rba.gov.au/education/resources/digital-interactives/snapshot-comparison/
Population
https://www.abs.gov.au/AUSSTATS/abs%40.nsf/Web%2BPages/Population%2BClock?opendocument=&ref=HPKI
https://www.rba.gov.au/education/resources/digital-interactives/snapshot-comparison/
Household Wealth as a Share of Income & 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.
