Date GMT+01:00 |
Event | Previous | Forecast | Actual | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
May, 14 23:45 |
★ |
Food Price
Food Price
Measures the price change of food and food services purchased by households. Higher food prices can result in economic slowdown because less disposable income will be used for non-food expenditures. Higher food prices can also result in inflation and signal future monetary action. |
0.5% | - | - | ||||||||||||||
May, 15 02:00 |
★★ |
Consumer Inflation Expectation
Consumer Inflation Expectation
The percent by which, according to consumers expectations, the prices for goods and services will change over the next 12 months. |
4.2% | - | - | ||||||||||||||
May, 15 02:30 |
★★★ |
Employment Change
Employment Change
Tracks the number of the employed in Australia . The figure appears in the monthly Labour Force Survey conducted by the Australian Bureau of Statistics. A surge in new employment suggests higher spending potential and budding inflation pressures, which the RBA often counters with rate increases. The headline figure is the annualized percentage change in employed workers. |
32.2K | 20.9K | - | ||||||||||||||
May, 15 02:30 |
★★★ |
Unemployment Rate
Unemployment Rate
The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks. Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems. |
4.1% | 4.1% | - | ||||||||||||||
May, 15 02:30 |
★★ |
Part Time Employment Change
Part Time Employment Change
Modern award usually defines a part-time employee as an employee who is engaged to work less than an average of 38 ordinary hours per week and whose hours of work are reasonably predictable, with a guaranteed minimum number of hours of work. Work is usually performed on regular days of the week. A part-time employee will usually be entitled to the same employment conditions as a full-time employee, but on a pro rata basis compared to the full-time hours (usually 38 per week) prescribed under the applicable industrial instrument. |
15.0K; 17.2K | - | - |