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Weekly economic update

Fortnightly Economic Update - 29 April 2022

Issue date: 
Tuesday, 3 May 2022
Status: 
Current
Corporate author: 
Document Date: 
Friday, 29 Apr 2022
Publication category: 

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  • Consumer price inflation came in broadly as expected, increasing inflation expectations and market pricing for interest rates.
  • Trade deficit narrows on the back of strong export prices.
  • Global growth outlook weakens further in response to Ukraine crisis and the rise of Omicron in China.
Last updated: 
Tuesday, 3 May 2022