MNI: RBA Policy: Table of Key Forecasts and Assumptions

By Sophia Rodrigues

     SYDNEY (MNI) - Table of Reserve Bank of Australia's forecasts for the

economy, and assumptions in the February Statement on Monetary Policy published

Friday. 

     RBA forecasts (November in brackets):

                        Dec-17  Jun-2018  Dec-2018  Jun-2019  Dec-2019  Jun-2020

--------------------------------------------------------------------------------

                          Y/Y%      Y/Y%      Y/Y%      Y/Y%      Y/Y%      Y/Y%

Underlying Inflation      1.75      1.75      1.75       2.0       2.0      2.25

                        (1.75)    (1.75)    (1.75)     (2.0)     (2.0)

Headline CPI               1.9       2.0      2.25      2.25      2.25      2.25

                         (2.0)     (2.0)    (2.25)    (2.25)    (2.25)

GDP                        2.5      2.75      3.25       3.5      3.25       3.0

                         (2.5)    (2.75)    (3.25)     (3.5)    (3.25)

Unemployment Rate          5.5      5.25      5.25      5.25      5.25      5.25

                         (5.5)     (5.5)     (5.5)     (5.5)    (5.25)

     RBA assumptions:

                      February Statement  November Statement

------------------------------------------------------------

AUD/USD                             0.78                0.77

TWI                                 64.0                65.0

Brent Oil ($/barrel)                  64                  63

Cash Rate                 Market Pricing      Market Pricing

--MNI Sydney Bureau; tel: +61 2-9716-5467; email: sophia.rodrigues@marketnews.com

[TOPICS: MTABLE,MALDS$,MMLRB$,M$A$$$,M$L$$$,MK$$$$,MT$$$$,M$$FI$,M$$MO$,MN$FI$]