Output Growth

% %

Real GDP Australia’s trading partners

6 6
Year-ended percentage change
% %

Australia 4 4

6 6
2 2

OECD
4 4
0 0

2 2 -2 -2
1979 1985 1991 1997 2003 2009
Euro area
US Sources: OECD Economic Outlook, November 2008; Trading partners’ history from
CEIC and Thomson Reuters; Trading partners' forecasts from
Consensus (export weighted by RBA).
% %
Asia* Asia – Industrial Production
March quarter 2000 = 100, smoothed
5 5 Index Index

300 300
0 0 China*
250 250
Japan New Zealand
Thailand
-5 -5 200 200
Korea
Taiwan*
150 150
-10 -10 Singapore
1996 1999 2002 2005 2008 India*
Philippines*
* Hong Kong, Indonesia, Korea, Malaysia, Philippines, Singapore, Taiwan 100 100
Indonesia*
and Thailand Malaysia* Hong Kong*
Sources: ABS; CEIC; Thomson Reuters
50 50
2000 2004 2008 2004 2008
* Seasonally adjusted by RBA
Source: CEIC
 Asia – Consumer Prices
Year-ended percentage change
Consumer Prices % %
Year-ended percentage change Thailand
(LHS)
% United States %
8 80
CPI
Korea
4 4 (LHS)
4 40

2 2
0 0
Indonesia
(RHS) Malaysia
Core
(LHS)
% % -4 -40
Euro area

4 4
2 2
% Japan %
% %
China
8 8
Hong Kong
4 4
Taiwan

0 0
2 2
Singapore
-4 -4
0 0
-8 -8
1998 2000 2002 2004 2006 2008
-2 -2 Source: CEIC
1993 1996 1999 2002 2005 2008
Source: Thomson Reuters
 Labour Productivity Asia – Exports*
Market sector, 1980 = 100, log scale March quarter 2000 = 100, smoothed
Index Index Index Index
United States Australia
180 180
2.4% p.a 600 300
160 160
2.5% p.a
140 140 500 250
1.9% p.a Singapore
China
120 120 400 200
1.5% p.a 1.6% p.a India Taiwan

100 100 300 150

Korea Philippines
Thailand
2.7% p.a 200 100
80 80
3.1% p.a Malaysia
100 50
Indonesia Hong Kong
60 60 0 0
1968 1988 2008 1988 2008 2000 2004 2008 2004 2008
Sources: ABS; Thomson Reuters * Seasonally adjusted by RBA
Source: CEIC
Unemployment Rate Current Account Balance
% % Per cent of GDP
% %
„ 1991–1996 average
„ 2007
8 8
Australia
10 10

4 4
Euro area
United States
0 0
5 5
Japan
-4 -4

0 0
1996 2000 2004 2008 -8 -8
US Japan Euro East China Latin
Sources: ABS; Thomson Reuters area* Asia** America
* Excluding Belgium, Greece, Ireland and Luxembourg
** Excluding China, Hong Kong and Japan
Sources: CEIC; Thomson Reuters