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Current Economic Conditions - data as at 4 August 2023
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Public Education Economist and Economics Teacher, Alex Symonds, provides an update on the Australian economy for high school economics students.
We use the information in the Reserve Bank of Australia’s most recent Statement on Monetary Policy, and provide a summary to help students better understand recent economic developments.
00:00 Introduction
00:29 Gross domestic product
01:05 Developments in consumption
02:15 The labour market
04:02 Inflation
05:54 Monetary policy response
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We use the information in the Reserve Bank of Australia’s most recent Statement on Monetary Policy, and provide a summary to help students better understand recent economic developments.
00:00 Introduction
00:29 Gross domestic product
01:05 Developments in consumption
02:15 The labour market
04:02 Inflation
05:54 Monetary policy response
Follow our other social media channels to receive updates:
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