Formats and related files
Accessible HTML version
Only the summary of this update has been prepared in HTML. If you require a full HTML version, please contact [email protected] and cite Fortnightly Economic Update - 16 September 2022 as a reference.
- Economic activity rebounded 1.7% in the June quarter as COVID restrictions eased and international travel resumed
- The current account deficit widened to 7.7% of GDP as imports remained solid and commodity prices rose
- Rising food and rental inflation and falling housing wealth continue to squeeze household spending
- Global central banks raise rates at pace even as activity weakens