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Weekly economic update

Fortnightly Economic Update - 3 March 2023

Issue date: 
Tuesday, 7 March 2023
Corporate author: 
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Document Date: 
Friday, 3 Mar 2023
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  • Costs of severe weather events mount.
  • The Reserve Bank raised interest rates at its February Review and sees the need for further rate rises to slow inflation.
  • Global activity data continues to improve as risks to the pace of disinflation rise.
Last updated: 
Tuesday, 7 March 2023