Current Economic Conditions - data as at 10 November 2023

Public Education Economist and Economics Teacher, Alex Symonds, provides the November update on the Australian economy for high school economics students.
The video uses information in the Reserve Bank of Australia’s most recent Statement on Monetary Policy, and provides a summary to help students better understand recent economic developments.
00:00 Introduction
00:30 Gross domestic product
02:50 Developments in consumption
05:20 The labour market
06:20 Inflation
07:42 Monetary policy response
Statement on Monetary Policy (November 2023) - www.rba.gov.au...
Explainer (Causes of Inflation) - www.rba.gov.au...
Video Explainers (Monetary Policy) - • Introduction to Moneta...
Monetary Policy Decision (November 2023) - www.rba.gov.au...
Resources for teachers and students are available on our website: www.rba.gov.au...
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